Bitcoin dropped below $70k today.

[Natalim]

Mukhang hindi maganda ang year na ito, after the Binance hack, Bitcoin has slightly recovered since umabot pa tayo ng $80k.. But now bumaba na talaga, as of this writing nasa $69,470 ang price ng Bitcoin. Though hindi naman ito ang first time this year since last August 20, 2026 it was also trading below $70k. Ito lang kasi, we were expecting that Bitcoin will be bullish since malapit na Christmas and it's the last quarter of the year, but parang hindi maganda ang Christmas natin this time.

May nagsasabi possible daw na dahil ito sa US interest rates since nagtaas sila ng interest rates and as a result, people prefer to invest in interest-paying assets such as Treasury securities. And kapag mataas ang interest rates, malaki rin ang epekto nito sa mga bilihin since karamihan sa mga business ay utang lang naman ang puhunan.



Kayo anong tingin nyo dito, baba pa ba tayo or we will recover before the end of the year?

[rbynxx]

Well, parang late reaction lang more on sa nangyaring hack sa Binance at sa resulta rin ng mid terms sa US. Well, as per the chart na binigay mo above SMA parin naman siya at still above the lows nitong July so it's still so early to say na hindi maganda itong year na ito na we hover above $87k, which I think na magandang senyales yun.

For me, more on consolidation or just ranging this year kasi early 2026 nasa 95k lang din naman tayo at as I've said na touch natin yung $87k this year last September, at yung low this year was $57k. For Bitcoin na nandito sa siya $68k zone I think that's still bullish for me, I'd be wary if ma touch ang yearly low just this year or it trigger a massive sell event sa $50k kasi magkakaroon yang ng panic. Pero I think parang nasa safe zone parin tayo. Hindi naman sa lahat pabor lagi yung Q4 or christmas as a catalyst, but we could never know, there's still plenty of time for this year to end.