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NewsSignals AI analysis·Cointelegraph·

Bitcoin price tags $84.6K as US stocks head higher on SpaceX Q3 earnings beat

Grade Bbullish AI signal$BTC$IXIC$TSLA$META$KOSPI
Bitcoin climbed nearly 2% to $84,600, its highest level since October 7, as US stocks advanced following a strong SpaceX quarterly earnings report. SpaceX reported $14.6 billion in Q3 revenue, beating expectations by nearly 15%, while crypto short liquidations approached $110 million over four hours. BTC could extend its recovery if it secures a daily close above $83,400, but rejection at resistance could push prices back below $82,500.

Bullish strength: 65/100

  • Bitcoin gained nearly 2% to reach $84,600.
  • US stocks advanced following SpaceX's quarterly earnings beat.
  • SpaceX revenue reached $14.6 billion, exceeding expectations by nearly 15%.
  • Bitcoin broke above its four-hour 200-period simple moving average at $83,878.
  • Nearly $110 million in crypto short positions were liquidated over four hours.

Bearish strength: 35/100

  • $84,000 remains a significant resistance area for Bitcoin.
  • A rejection near $83,400 could send Bitcoin below $82,500.
  • A daily close above $83,400 is still needed to strengthen the bullish technical outlook.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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