Why this key Bitcoin price trendline at $100K is back in focus
Key takeaways: Bitcoin ETFs recorded $240 million in inflows on Thursday, ending a six-day outflow streak. Bitcoin’s failure to drop below the 50-day EMA suggests strong support in this area. Bitcoin (BTC) exchange-traded funds (ETFs) ended a six-day outflow streak with inflows returning on Thursday, leading traders to believe that a recovery is imminent as
Bitcoin’s MVRV Ratio hints at ‘cyclical bottom’ forming below $110K
Key takeaways: Bitcoin’s MVRV ratio dropping below its 365-day average signals a local bottom, historically preceding big price rallies. Capital rotation from gold could fuel the Bitcoin rebound, according to analysts. Bitcoin (BTC) may be poised for a sustained recovery in the coming weeks, as a key valuation metric sends a bullish signal. The BTC
Bitcoin shows signs of ‘cycle exhaustion’ as BTC price tumbles to $112K
Key takeaways: Bitcoin dropped 4% to $112,000 in a marketwide correction, liquidating $1.6 billion in longs. Analysts say the BTC bull market may have run its course, based on several bearish onchain signals. Bitcoin bears extended sell-side activity into the weekly open on Monday as a drop to $112,000 resulted in a large liquidation of
XRP price rally stalls with $3 fakeout as big investors continue to sell
Key takeaways: XRP’s failure to hold $3 points to a continued downside risk to $2.40-$2.00. Whales continue to sell XRP. Declining daily active addresses signal reduced transaction activity and liquidity. XRP (XRP) price flashes warning signs below $3 as bearish technical patterns emerge on its daily chart, coinciding with selling by whales and declining network
ETH price to $3.5K first? Why Ethereum bears are growing louder
Key takeaways: Ether bears are getting louder as the price remains rangebound. Declining spot volume signals weak demand and increasing ETH price vulnerability. ETH price could drop to $3,500 if key support levels are lost. Ether (ETH) has remained stuck in the $4,200-$4,500 range for two weeks, amid decreasing spot and institutional demand. This has