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Bitcoin reaches $111K as classic chart pattern projects 70% gains next

From cointelegraph.com

Bitcoin price topped $111,430, rising 4% over the last 24 hours and up 7.6% above Friday’s low of $103,530, according to data from Cointelegraph Markets Pro and TradingView. Other top-cap cryptocurrencies took cues from Bitcoin, with Ether rising 4.6% to reclaim the key $4,000 level. XRP , Solana , BNB and Dogecoin (DOGE) rose 3% to 5% over the past 24 hours. The global crypto market capitalization was up 4.6% to $3.78 trillion. The latest rebound in Bitcoin has been driven by improving macroeconomic conditions, with US President Donald Trump confirming a summit with China’s Xi Jinping on Oct. 31. The de-escalation ... (full story)

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  • Category: Technical Analysis