
Bitcoin Price Forecast: BTC/USD 12.5% Plunge Nears Critical Support 10 30 2026
Bitcoin bears are closing in on critical trend support as a reported Binance security breach rattles sentiment, raising the stakes for November.
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Bitcoin bears are closing in on critical trend support as a reported Binance security breach rattles sentiment, raising the stakes for November.

Markets went from risk off to risk on yesterday afternoon and we have since kicked on with some follow-up buying of stocks, gold and silver, while the dollar has also shown signs of weakness. Risk appetite turned positive after bond yields and oil prices both retreated yesterday.

Gold has dipped below its three-month uptrend, while Bitcoin has pulled back from a nine-month high as U.S. bond yields test levels last seen in 2004 and 2007. Risks build as Fed rate-hike expectations remain above 70%, while the Dollar Index holds near yearly highs.
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