Bitcoin and Ethereum Price Prediction: Is BTC Losing Strength After “Uptober”? Can ETH lead the next rally?

Bitcoin and Ethereum Price Prediction: Is BTC Losing Strength After “Uptober”? Can ETH lead the next rally?

Is Bitcoin Price Losing Strength After Uptober? Jump to the latest Bitcoin and Ethereum price prediction for the first week of November.

Bitcoin traded near $110,000 on Saturday as sentiment remained cautious after a slow Uptober.

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The market attempted to recover from losses suffered during Friday’s Wall Street session, but steady selling persisted throughout the week on US exchanges and spot Bitcoin exchange-traded funds.

On-chain research firm Glassnode noted that recent ETF outflows point to “growing selling pressure from TradFi investors and renewed weakness in institutional demand.”

Data from UK-based manager Farside Investors showed that approximately $191 million left spot Bitcoin ETFs on Friday, following another $488 million withdrawn on Thursday.

(Source: Far Side)

glass node declared that Markets generally showed little reaction to the recent interest rate cut by the United States Federal Reserve.

The company noted in X that the Federal Reserve met the expected reduction but maintained an aggressive tone for December, which cooled optimism.

(Source: X)

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Bitcoin Price Prediction: Is Tight Price Action Below $120,000 a Sign of Caution in the Market?

Bitcoin held near $110,000 in November as analyst Ali Martinez questioned whether the current structure could support a move toward $250,000 by December.

The monthly chart he shared shows that Bitcoin is still following an uptrend that began after its 2022 low, with two years of higher highs and higher lows.

(Source: X)

Martínez pointed to past reductions of around 73% in 2018, 50% in 2019 and 71% between 2021 and 2022.

He said those sharp corrections suggest the worst phase may already be behind the market.

Bitcoin has since reclaimed key macro resistance levels and is now consolidating near its record range.

The monthly MACD remains positive, although it has started to flatten. This is an indication that momentum is waning after a prolonged recovery. The recent candles also witness tighter candle action as Bitcoin trades sideways below 120,000.

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Ethereum Price Prediction: ETH Holding Strong Above Key Support Zone Between $3,600 and $3,750?

Ether remains stuck within a relatively important support level.

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The price recently bounced from the $3600 to $3750 area after briefly falling below a short descending trend line, showing that buyers are still protecting this zone.

According to Bitbull, a crypto analyst, a possible bullish flag pattern is taking shape below the $4,100 to $4,250 resistance band, which has blocked bullish moves since mid-2025.

(Source: X)

The market structure remains positive, although the chart does not yet show the strong momentum or clear breakout that a rapid move towards $250,000 in a single month would suggest.

A clear push above this barrier could send prices towards the $5,000 to $6,000 area, matching the analyst outlook.

The broader blue area on the chart highlights where ETH may expand if the bull flag is triggered.

The analyst also pointed out a large Binance order of over 30,000 ETH, and said these types of inflows often appear before stronger moves.

ETH is still maintaining its broader uptrend after breaking out of a long-term downtrend earlier this year. Higher lows continue to form and traders are now looking ahead to November to see if momentum returns for ETH and the rest of the market.

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The post Bitcoin and Ethereum Price Prediction: Is BTC Losing Strength After “Uptober” and Can ETH Lead the Next Rally? first appeared on 99Bitcoins.

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