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Bitcoin Blasts Off on Monday
Bitcoin rallied again during the trading session on Monday, as we are now well above the $125,000 level. The $125,000 level is a large, round, psychologically significant figure that caused a bit of a headache over the weekend, but ultimately, I think we’ve got a situation where Bitcoin continues to go higher. If we pull back from here, the $120,000 level is a potential support level, followed by the $117,000 level, as it has been important multiple times. I think part of this is driven by risk appetite, but it’s also driven by the idea that traders may be looking to put money in other places than the US ... (full story)
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From tickmill.com | Oct 7, 2025
Bitcoin continues to draw plenty of attention this week following a breakout to fresh record highs yesterday. The futures market surged to new highs above $127k following the breakout above the $121,500 level last week. The leading crypto coin has been a firm favourite amidst the fallout from the US government shutdown which began last week. Alongside the ...
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