Bitcoin (BTC) Price Prediction for October 4
The majority of the coins from the top 10 list have returned to the red zone, according to CoinStats.
BTC/USD
Unlike other coins, the rate of Bitcoin (BTC) has gone up by almost 1% over the last 24 hours.
Despite today's growth, the price of BTC is near the local support of $122,033. If bulls cannot seize the initiative, traders may expect a further decline to the $121,500 mark.
On the bigger time frame, the rate of the main crypto is approaching the all-time high of $124,517. The volume is high, which means bulls are controlling the situation on the market.
If a breakout happens, the energy might be enough for further growth to new peaks.
From the midterm point of view, the price of BTC has once again bounced off the resistance of $123,236. If buyers can hold the initiative, there is a high chance to witness a new all-time high.
Bitcoin is trading at $122,081 at press time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Zcash Latest Updates: ZEC Faces $380 Test—Will Grayscale’s ETF Halt the Decline?
- Zcash (ZEC) tests critical $380 Fibonacci support as price falls below $480, triggering bearish technical signals like a double-top pattern. - Grayscale's proposed Zcash ETF (ZCSH) aims to institutionalize ZEC access but risks amplifying volatility if demand exceeds supply. - Fed's cautious rate-cut projections and declining on-chain activity (open interest, volume) highlight tension between macro optimism and weak near-term fundamentals. - Templar Protocol's ZEC-native lending feature enhances DeFi util
Bitcoin News Update: Ark Invest Makes Daring Moves in Crypto and AI Despite Market Slump
- Ark Invest spent $88M on crypto assets in November 2025, defying market declines by buying undervalued tech/crypto equities. - Major purchases included $25M in Coinbase , Circle , and Block shares, now holding 5.22% of ARKK's portfolio. - CEO Cathie Wood contrasted current AI/crypto growth with past bubbles, viewing downturns as strategic buying opportunities. - The firm also invested $56M in Alphabet and $29.4M in AI firm CoreWeave , emphasizing sector readiness over speculation. - With Bitcoin near $87
FCA's Crypto Sandbox Strives to Foster Innovation While Safeguarding Investors
- Coinbase and Kraken join UK FCA's crypto sandbox to test new disclosure rules, aiming to boost transparency and align with global standards. - FCA's 2026 roadmap mandates detailed risk assessments for unbacked crypto, stablecoins, and tokenized assets, with Eunice developing compliance templates. - U.S. regulators and banks like U.S. Bancorp parallel efforts, testing stablecoins and emphasizing structured oversight to mitigate depegging risks. - Coinbase's regulatory engagement spans FCA, SEC, and global
Altcoin Pain Nearing Its End — 5 Best Tokens to Trade Before the Breakout Hits
Trending news
MoreCrypto prices
More
