Top Trader: Bitcoin Is Best Bull Case After Paradoxical Setup

Published at 2025-11-12 13:06:12

A prominent trader says Bitcoin may have just completed the most paradoxical bullish setup of the cycle: a move that initially looks unfavorable but effectively rebuilds support and simplifies the chart structure behind the scenes. According to the view, the correction and price rotation flushed speculative leverage and redefined key levels, leaving a cleaner technical base for a sustained advance. Why it matters: if this thesis holds, Bitcoin becomes the best bull-case among crypto assets because it offers a clearer path for institutional re-entry, a more reliable risk-reward profile for traders, and less structural clutter for trend-followers. Market participants should watch volume, close behavior around the reset levels, and derivatives flows for confirmation, while remaining mindful that setups can fail and risk remains.

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BlackRock CEO Larry Fink conceded his earlier characterization of Bitcoin as an 'asset of fear' was mistaken, as the firm's iShares Bitcoin Trust (IBIT) posted a new record. The admission and the IBIT milestone highlight growing institutional acceptance of BTC.

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Published at 2025-12-03 19:15:15

BlackRock Sells $135M in Ethereum Despite 24‑Hour Market Rebound

BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

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Published at 2025-12-03 19:00:20

Revolut Adds Solana Support, Unlocking Access for 65M Users

Revolut has added full Solana network support, enabling SOL transfers and withdrawals for its roughly 65 million users after previously allowing only in-app trading.

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Published at 2025-12-03 18:45:13

Polymarket Relaunches in U.S. After CFTC Approval

Polymarket announced its U.S. return after the Commodity Futures Trading Commission approved it to operate as an exchange, marking a major regulatory milestone for prediction markets. The relaunch comes amid rising user interest and participation in event-based trading.

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Published at 2025-12-03 17:15:09

Dogecoin Activity Surges 10,187%, Ending Five-Day Slide

Dogecoin activity jumped 10,187%, snapping a five-day losing streak and producing a sharp rebound in Tuesday’s session. The move signals renewed retail interest and heightened volatility for the memecoin.