Locafy's 15min chart: MACD Death Cross, bearish Marubozu signal.
ByAinvest
Tuesday, Oct 21, 2025 2:17 pm ET1min read
LCFY--
Michael Saylor’s Strategy purchased over 7,378 BTC worth $837 million in September, representing a slowdown from its previous purchases. The company believes Bitcoin is still growing and that price action could get "boring" as institutional investors step in [1].
Spot Bitcoin ETFs saw $7.8 billion in inflows during Q3 despite minor setbacks. However, recent outflows have caused alarm, with institutional interest declining over the past few days. The outflows have caused some pessimism about Bitcoin, especially as altcoin ETFs gear up for their debut [1].
BTC is back in the red during the ongoing session, down nearly 1% as it struggles to stay above $113,000. The price rallied on Sunday, rising over 2% to reclaim $112,000 and settle at $112,197. Buyers retained control on Monday as the price rose nearly 2% to cross $114,000 and settle at $114,365. However, the price has since retreated, with BTC down over 1% during the ongoing session, trading around $113,275 [1].
Analysts are confident that the Bitcoin bull market will resume in October. Analyst Milk Road Macro stated, "Bitcoin tends to follow gold, 3-4 months down the line. If the correlation holds, $BTC is now ready for a last-minute spike through October/November, breaking out of its rising wedge" [1].
BTC--
Locafy's 15-minute chart has exhibited a significant bearish trend, as indicated by a MACD Death Cross and a Bearish Marubozu candlestick pattern on October 21, 2025, at 2:15 PM. This suggests that the stock price is likely to continue its downward trajectory, as sellers are firmly in control of the market and bearish momentum is expected to persist.
Bitcoin (BTC) has fallen back during the current session, struggling to reclaim the $115,000 mark. The flagship cryptocurrency is down over 1% during the ongoing session, trading around $113,080. Analysts suggest that BTC must break above $115,000 to confirm its upside continuation, but some see a retreat towards $110,000 first due to concerns around the CME Futures gap [1].Michael Saylor’s Strategy purchased over 7,378 BTC worth $837 million in September, representing a slowdown from its previous purchases. The company believes Bitcoin is still growing and that price action could get "boring" as institutional investors step in [1].
Spot Bitcoin ETFs saw $7.8 billion in inflows during Q3 despite minor setbacks. However, recent outflows have caused alarm, with institutional interest declining over the past few days. The outflows have caused some pessimism about Bitcoin, especially as altcoin ETFs gear up for their debut [1].
BTC is back in the red during the ongoing session, down nearly 1% as it struggles to stay above $113,000. The price rallied on Sunday, rising over 2% to reclaim $112,000 and settle at $112,197. Buyers retained control on Monday as the price rose nearly 2% to cross $114,000 and settle at $114,365. However, the price has since retreated, with BTC down over 1% during the ongoing session, trading around $113,275 [1].
Analysts are confident that the Bitcoin bull market will resume in October. Analyst Milk Road Macro stated, "Bitcoin tends to follow gold, 3-4 months down the line. If the correlation holds, $BTC is now ready for a last-minute spike through October/November, breaking out of its rising wedge" [1].
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