Bitcoin Steadies After Rally – Is Another Powerful Breakout Just Ahead?
NewsBTC 06 Oct 2025
Bitcoin price started a strong increase and traded above $124,000 ... Bitcoin started a major increase above the $123,500 zone ... Bitcoin Price Starts Fresh Rally. Bitcoin price managed to stay above the $120,000 zone and started a fresh increase ... Bitcoin is now trading above $123,000 and the 100 hourly Simple moving average ... If Bitcoin fails to rise above the $124,500 resistance zone, it could start a fresh decline ... Technical indicators. ... .
Commodities wrap: gold nears $4,000, oil climbs on modest OPEC+ output increase
Invezz 06 Oct 2025
“As stated previously, markets can stay overbought, or oversold, for much longer than most reasonable observers would expect. But traders should take care at current levels,” said David Morrison, senior market analyst at Trade Nation ... “The limited supply adjustment was seen as a supportive move that would help offset a glut in the oil market while still signalling confidence in global demand levels,” Morrison said.