Bullish Pennant Promises $134K Retest for Bitcoin — Discover the Best Crypto to Buy Right Now

Quick Facts:

• 1️⃣ Analysts spotlight a continuation sample forming close to $107K for Bitcoin; shedding assist at $105K–$108K might pull $BTC again towards $100K.
• 2️⃣ The Fed’s $80–100B liquidity injections by way of repo operations might increase danger property. Bitcoin has mirrored world liquidity shifts in roughly 83% of yearly durations.
• 3️⃣ As a Bitcoin Layer-2, $HYPER allows ultra-fast $BTC transactions by way of its canonical bridge with the Solana Virtual Machine.
• 4️⃣ Maxi Doge ($MAXI) seeks Dogecoin-level virality by way of sturdy advertising, whereas Solana ($SOL) checks key resistance close to $176.

Traders detected a possible bullish pennant formation in latest Bitcoin buying and selling.

The sample sometimes signifies a breakout, both up or down, relying on the market. Could it lead to the begin of an upward surge, or will ongoing uncertainty proceed to preserve the strain on?

In the meantime, the Federal Reserve has quietly injected practically $100B into the banking system over the previous week.

That surge in US repo liquidity has revived the risk-asset narrative. With historic proof linking Bitcoin to broader financial liquidity, the upcoming quarter might present a positive launchpad.

Technical Setup: The Bullish Pennant and Key Levels

With Bitcoin buying and selling round $107K, merchants are eagerly trying for any indicators of potential momentum – or any indication that the worst is but to come.

Traders on X have recognized a consolidation part, the place worth motion has fashioned a pennant; a basic continuation sample noticed after sharp advances.

That sample units up essential resistance close to the $134K stage, a zone aligned with latest swing highs and the higher trendline of the pennant. Support is clustered between $105K-$108K; a lack of that band might set off a transfer again even decrease, towards $100K.

With analysts divided on whether or not the pennant signifies a transfer up or down, a take a look at broader macro options highlights a chance.

Macro Backdrop: Repo Liquidity and Risk Appetite

Beyond chart alerts, the macro surroundings is taking part in a supportive function. The US Federal Reserve injected practically $50B via overnight repo operations over the weekend, rising short-term funding accessible to major sellers and, by extension, danger markets.

The Fed’s Standing Repo Facility (SRF) provides liquidity to markets. With one other $29B repo to open in November, that’s practically $80B pouring into the monetary markets.

Historically, Bitcoin’s price movement has been correlated with world liquidity in roughly 83% of 12-month durations. The synergy of a positive technical breakout setup plus a liquid funding surroundings may very well be potent.

‘Uptober’ by no means developed; might November see a rally?

Outside of Bitcoin, a few of the best cryptos to buy now embody a much-needed Bitcoin Layer 2 ($HYPER), a meme coin with main aspirations ($MAXI), and a blue-chip altcoin ($SOL).

Bitcoin Hyper ($HYPER) – Canonical Bridge & SVM Power Fast, Cheap Bitcoin Transactions

Bitcoin Hyper ($HYPER) positions itself as a next-generation Layer-2 blockchain constructed atop the Bitcoin ecosystem. It goals to make Bitcoin extra usable, scalable, and accessible throughout DeFi and on a regular basis transactions.

A Bitcoin Canonical Bridge permits customers to deposit $BTC and mint wrapped $BTC on the Hyper community. There, it may be traded at Solana-level speeds of 1000’s of TPS, bringing considerably improved pace, scalability, and affordability to Bitcoin apps and property.

The result’s a hybrid structure that mixes the SVM with a remaining settlement on Bitcoin, preserving Bitcoin’s inherent safety.

The $HYPER token is the native utility token, used for transaction charges, staking, governance, and extra.

Whales, attracted by the potential of Bitcoin as a transactional layer (as per the authentic imaginative and prescient), have poured a whole lot of 1000’s into Bitcoin Hyper. The result’s a undertaking that’s already raised $25.6M in its presale.

Heavyweight merchants are betting huge that our price prediction is true on the cash; with the token anticipated to rise from $0.013215 to $0.20 by the finish of 2026, delivering 1413% returns for present buyers.

Get your share – study how to buy $HYPER at this time and then visit the official Bitcoin Hyper website.

Maxi Doge (MAXI) – A New Big Dog Comes for Dogecoin’s Crown

Maxi Doge ($MAXI), constructed on the Ethereum blockchain, leans closely into degen tradition. That means high-leverage buying and selling, fixed pumps, round-the-clock chart-watching, and naturally memes.

That’s exactly what $MAXI is – a meme coin like its non secular predecessor, Dogecoin ($DOGE), which can have began as a joke however is now a top-10 cryptocurrency with a $26B market cap.

Maxi Doge desires a chunk of that motion, and to obtain it, the tokenomics allocate a whopping 40% in the direction of advertising to push the narrative that $MAXI is the subsequent high canine.

Our price prediction highlights a major alternative for $MAXI buyers, with the worth doubtlessly reaching $0.0058 by the finish of 2026, pushed by pure virality and hype. That’s up 2000% from its present $0.000266.

Visit the $MAXI presale page to stack your luggage.

Solana (SOL) – Can Solana Break Key $176 Marker?

Solana is a high-performance, open-source Layer-1 blockchain designed for pace, scalability, and low transaction prices.

Since launch, Solana has emerged as a significant different to Ethereum. Solana’s ecosystem hosts a whole lot of DeFi, NFT and Web3 initiatives, and has seen broad adoption each in DeFi and in meme cash.

$SOL is up practically 6.5% over its place from a yr in the past, however is down practically 23.6% in the previous month. Key resistance factors round $176 might point out the begin of stronger momentum, whereas $173 stays a vital assist stage.

If liquidity continues to swell and danger sentiment stays sturdy, each Bitcoin and the greatest crypto to purchase – together with $HYPER and $MAXI – might get pleasure from a robust November.

Authored by Bogdan Patru for Bitcoinist — https://bitcoinist.com/bitcoin-eyes-134k-will-q4-repo-liquidity-supercharge-best-crypto-to-buy