Binance has reportedly suffered a major cybersecurity breach involving approximately $6.34 billion in crypto assets.
Key updates:
- The incident reportedly involved Binance hot wallets. - North Korean-linked hackers have been blamed for the attack. - Binance says it will cover affected customer losses. - Approximately $3 billion in assets have reportedly been frozen. - Binance stated that around 98% of affected assets had been recovered as of November 3.
⚠️ Important Reminder: Always use 2FA, avoid suspicious links, and manage your trading risks carefully.
Bitcoin is holding above the horizontal demand zone of the descending triangle pattern, keeping this key support level in focus.
The Ichimoku cloud is acting as a resistance barrier, potentially limiting bullish momentum.
A solid breakout above resistance could trigger a bullish recovery, while a breakdown below the demand zone could lead to further downside. Wait for confirmation of the next directional move.
Bitcoin has reclaimed the $82,700 level after bouncing from recent lows, showing that buyers are still defending key support. The daily chart suggests bullish momentum remains alive, but the next resistance will decide whether BTC continues higher.
Key Levels
Current Price: $82,717
Resistance: $83,200 → $85,000
Major Resistance: $87,385
Support: $80,600
Market Outlook
A strong daily close above $83,200 could open the door toward $85K–$87K. If Bitcoin loses the $80.6K support, a short-term pullback becomes more likely.
Trade smart, wait for confirmation, and always use proper risk management.
What's your prediction? Is BTC heading to $85K next, or will sellers take control?