Best Crypto to Buy as Bullish Pennant Promises $134K Retest for Bitcoin

Traders spotted a potential bullish flag formation in recent Bitcoin trading.

The pattern usually indicates a breakout, either up or down, depending on the market. Could this spark the start of a bullish rally, or will the ongoing uncertainty continue to pressure prices?

Meanwhile, the Federal Reserve quietly pumped nearly $100 billion into the banking system over the past week.

This rise in US repo liquidity has revived the risk assets narrative. With historical evidence linking Bitcoin to broader monetary liquidity, the coming quarter could provide a favorable launching pad.

Technical Setup: Bullish flag and key levels

With Bitcoin trading at around $107,000, traders are eagerly looking for any signs of potential momentum – or any sign that the worst is yet to come.

This pattern forms critical resistance near the $134,000 level, an area in line with the recent swing highs and the pennant’s upper trend line. Support accumulates between $105,000 and $108,000; A loss of this range could lead to a return to a lower level, towards $100,000.

With analysts divided on whether the flag indicates an up or down move, a look at the broader macro features highlights an opportunity.

Overall background: Repo liquidity and risk appetite

Beyond chart signals, the macro environment plays a supporting role. The US Federal Reserve pumped approx $50 billion through overnight repo operations over the weekendincreasing short-term financing available to primary traders and, therefore, risk markets.

The Fed’s Permanent Repurchase Facility (SRF) adds liquidity to markets. With another $29 billion repurchase agreement opening in November, this means an influx of nearly $80 billion into the financial markets.

“Uptober” was never developed; Could November see a rise?

Aside from Bitcoin, some of the best cryptocurrencies to buy right now include the much-needed Bitcoin Layer 2 ($hyper), a meme coin with great aspirations ($ Maxi), and the premium alternative currency ($ sol).

Bitcoin Hyper ($HYPER) – Canonical Bridge and SVM Power, fast and cheap Bitcoin transactions

Bitcoin Hyper ($HYPER) It positions itself as a next-generation, layer 2 blockchain built on top of the Bitcoin ecosystem. It aims to make Bitcoin more usable, scalable, and accessible via DeFi and everyday transactions.

Bitcoin Ecclesiastical bridge It allows users to deposit $BTC and mint-wrapped BTC on the Hyper network. There, they can be traded at Solana-level speeds of up to thousands of TPS, providing dramatically improved speed, scalability, and affordability for Bitcoin applications and assets.

The result is a hybrid architecture that combines SVM and final settlement on Bitcoin, maintaining the inherent security of Bitcoin.

the $HYPER symbol It is the native utility token, used for transaction fees, staking, governance, and more.

Whales, attracted by Bitcoin’s potential as a transaction layer (as per the original vision), have pumped hundreds of thousands into Bitcoin Hyper. The result is a project that has already raised $25.6 million in pre-sale.

GET YOURS – Learn how to buy $HYPER today and then Visit the official Bitcoin Hyper website.

Maxi Doge (MAXI) – A new big dog is coming for the Dogecoin crown

Maxi Doji (MAXI)built on the Ethereum blockchain, leans heavily into the deejay culture. This means high-leverage trading, constant pumps, watching 24-hour charts, and of course memes.

That’s exactly what $MAXI is – a meme coin like its spiritual predecessor, Dogecoin ($DOGE), which may have started as a joke but is now among the top 10 cryptocurrencies with a market cap of $26 billion.

Maxi Doge wants a piece of that action, and to make that happen, Tokenology is dedicating a whopping 40% to marketing to push the narrative that $MAXI is the next top dog.

Our price forecast highlights a huge opportunity for $MAXI investors, with the price likely to reach $0.0058 by the end of 2026, driven by virality and hype. This is 2000% higher than its current price of $0.000266.

Visit the $MAXI pre-sale page To stack your bags.

Solana (SOL) – Can Solana break the $176 key mark?

Solana It is a high-performance, open source, layer-one blockchain designed for speed, scalability, and low transaction costs.

Since its launch, Solana has emerged as a major alternative to Ethereum. The Solana ecosystem hosts hundreds of DeFi, NFT, and Web3 projects, and has seen widespread adoption in both DeFi and memecoins.

$ sol It is up nearly 6.5% from its position a year ago, but is down roughly 23.6% in the past month. Key resistance points around $176 could signal the start of stronger momentum, while $173 remains a crucial support level.

If liquidity continues to swell and risk appetite remains strong, Bitcoin will be the best cryptocurrencies to buy – including $hyper and $ Maxi – Could enjoy a strong November.

Written by Bogdan Patro for Bitcoinist — https://bitcoinist.com/bitcoin-eyes-134k-will-q4-repo-liquidity-supercharge-best-crypto-to-buy

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