Block's 15-minute chart shows MACD and KDJ death crosses.

Friday, Oct 10, 2025 9:49 am ET1min read

Based on the 15-minute chart, Block has recently experienced a MACD Death Cross and KDJ Death Cross on October 10, 2025 at 09:45. This indicates a potential continuation of the downward trend in stock price, with a shift in momentum towards the downside and a possibility of further decreases in value.

Block Inc.'s stock price recently experienced a MACD Death Cross and KDJ Death Cross on October 10, 2025, at 09:45, indicating a potential continuation of the downward trend Dorsey’s Block stock climbs to 8-month high as Square adds fee-free bitcoin payments for merchants[1]. This technical analysis suggests a shift in momentum towards the downside and a possibility of further decreases in value.

The MACD Death Cross and KDJ Death Cross are technical indicators used to predict trend reversals. When the MACD line crosses below the signal line, it suggests a bearish trend. Similarly, the KDJ indicator, which measures market momentum, crossing below the 50-period line indicates a potential downward trend.

Block Inc., co-founded by Jack Dorsey, has been actively integrating Bitcoin into its payment ecosystem. The company's merchant payments arm, Square, is rolling out a new solution that allows businesses to accept, hold, and convert Bitcoin directly from their point-of-sale systems Dorsey’s Block stock climbs to 8-month high as Square adds fee-free bitcoin payments for merchants[1]. This initiative aims to make Bitcoin "everyday money" rather than just a speculative asset.

Square has also announced that merchants won't pay fees on Bitcoin transactions until 2027, when a 1% charge will be introduced. Additionally, merchants can now automatically convert up to half of their daily revenue into Bitcoin, compared to a previous cap of 10% Dorsey’s Block stock climbs to 8-month high as Square adds fee-free bitcoin payments for merchants[1].

Block Inc. is also targeting card network fees with its new product, Neighborhoods. This program offers local businesses branded rewards programs, which consumers manage through the company’s Cash App. By incentivizing shoppers to pay directly with their stored balances, Block aims to sidestep card networks and collect rewards Jack Dorsey’s Block Targets Card Network Fees in Latest Push[2].

While the integration of Bitcoin and the Neighborhoods program aim to expand Block's ecosystem, the recent technical indicators suggest a potential downward trend in the stock price. Investors should closely monitor these developments and consider the implications for the company's financial performance.

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