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Bitcoin price levels: key support and resistance
Traders should watch these technical levels closely. Support sits at $107,282, $105,201, and $102,867, while resistance clusters around $112,357, $113,274, and $114,000. These zones will help define short-term momentum for BTC and broader crypto markets.
Short-term bearish bias unless $114,000 is reclaimed
The immediate setup favors bears unless Bitcoin can close and hold above $114,000. A rejection near $112,000 offers a potential short entry targeting $107,300 first, with a secondary target around $105,200 if weakness continues. Risk management is critical: suggested stops would sit above $113,500 to limit downside on failed breakouts.
Bull case and historical tailwinds
If BTC secures a daily close above $114,000, that would invalidate the bearish structure and open a path toward $117,997. Historically, October has produced strong returns in crypto markets — a market theme known as “Uptober” — which can provide psychological support for bulls and amplify momentum in a breakout scenario.
Market context: derivatives and macro forces
Bitcoin is at a crossroads: either the descending trendline keeps pressure on price and drives BTC back to lower supports, or roughly $109k becomes the springboard for an October rebound. Derivative-market resets and ongoing macro uncertainty mean the next decisive move could shape the quarter for digital assets.
Presale: Bitcoin Hyper ($HYPER) — BTC security meets Solana speed
Bitcoin Hyper ($HYPER) aims to be the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). By combining Bitcoin’s security with Solana’s throughput, the project targets fast, low-cost smart contracts, scalable dApps, seamless BTC bridging, and even meme-coin minting.
Audit, presale progress, and how to buy
The team emphasizes trust and scalability; the protocol has been audited by Consult to boost investor confidence. Momentum is building: the presale has already surpassed $18.6 million and only a limited allocation remains. Current presale pricing stands at $0.012985 per HYPER token and will likely rise as rounds progress. Interested buyers can purchase HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card.
Always perform your own research and consider risk management before trading or participating in token presales.
Source: cryptonews
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