Key points: Bitcoin bounces as liquidation guardrails appear above and below price, making $116,000 a key level to watch. Expectations call for BTC price support to hold above $110,000 should bears take control. ETF flows should provide an insight into market mood next, says analysis. Bitcoin (BTC) approached $116,000 after Monday’s Wall Street open as…
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Bitcoin tries to recover from its trip below $112,000 as BTC price volatility keeps the market in a state of flux. Source link
Key points: Bitcoin speculators join whales in sending BTC to exchanges, with price then dipping below $112,000. Analysis warns that continued whale selling could spark a deeper, longer BTC price correction. Exchange order-book activity shows large-scale market exiting, but Bitcoin is attempting to reclaim $114,000. Bitcoin (BTC) hodlers are selling across the board as BTC…
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Key points: Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness. BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze. Evidence of dip-buying emerges on major exchange Bitfinex. Bitcoin (BTC) rejected from $116,000 at Friday’s Wall Street open as bulls sought a comeback…
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Key points: Bitcoin seals another multi-week low, this time filling a July gap in CME’s Bitcoin futures market. Traders hold mixed views of where BTC price will head next. US trade tariffs appear to impact Bitcoin and crypto more than US stocks. Bitcoin (BTC) hit new three-week lows Friday as US trade tariffs soured market…
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Key points: Bitcoin ditches its latest dip as strategic reserve hopes replace nerves over Federal Reserve policy. BTC price aims for $119,000, gaining nearly 3% versus FOMC meeting lows. Corporate Bitcoin treasuries add almost 30,000 BTC of exposure in just 48 hours despite market volatility. Bitcoin (BTC) saw a snap rebound Thursday as markets swapped…
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Key points: Bitcoin short-term holders form important nearby BTC price support levels — but a gap remains between $110,000 and $115,000. Glassnode suggests that the price may drop to “fill” that gap next. Short-term holder profit-taking may cap BTC price upside at around $140,000 in the event of a breakout. Bitcoin (BTC) may face a…
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Key points: Failure to reclaim $120,00 could spell trouble for Bitcoin bulls. Whales appear to be offloading at local highs, creating further hurdles to price upside. Short-term holder cost bases feature as local support lines of interest. Bitcoin (BTC) gave up attempts to crack $120,000 at Tuesday’s Wall Street open as traders stayed split on…
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Key points: Bitcoin returns to $119,000 after a CME gap fill as new Galaxy Digital exchange transactions fail to sway the market mood. Nerves over “OG” BTC sales seem to have passed after last week’s 80,000 BTC transaction. Trading circles still see the potential for another BTC price dip. Bitcoin (BTC) returned to $119,000 on…
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Bitcoin (BTC) heads into the July monthly close eyeing $120,000 as a BTC price rebound holds firm. BTC price action is giving market participants cause to expect all-time highs again, but the threat of a $113,000 comedown remains. A giant week of US macro data combines with the Fed meeting on interest rates amid pressure…
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