Bitcoin Price Analysis: Is the September Rally Structure in Danger as BTC Hangs by a Thread?

Bitcoin is attempting to stabilize around $78K after posting its fourth straight weekly loss, with sentiment weighed down by the record Binance hack and a $643.3 million withdrawal from U.S. spot Bitcoin ETFs on Friday. The asset now sits inside a key demand zone that could decide whether the September rally structure survives. Meanwhile, the Velocity metric has climbed to its highest level since late 2024, suggesting that supply is circulating more actively even as prices decline. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin continues to trade within the broad ascending channel that has guided the recovery from the summer lows near $58K.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CryptoPotato.