Ethereum In Demand: ETF Inflow Streak Extends To 7 Weeks
Institutional demand for Ethereum appears strong as spot exchange-traded funds (ETFs) have recorded seventh-straight week of inflows. US Ethereum Spot ETFs Have Recently Seen Continuous Inflows In a new netflow related to the US Ethereum spot ETFs is looking. Spot ETFs are investment vehicles that allow investors to gain exposure to a given cryptocurrency without…
Bitcoin Holds Key Level Amid $108,000 Rejection, But Analysts Suggest Caution This Quarter
Bitcoin (BTC) attempted to reclaim the $108,000 resistance level again but faced rejection as the third quarter (Q3) started, leading some market watchers to suggest caution for the upcoming months. Bitcoin Holds Crucial Range Bitcoin’s price ended the second quarter with a retest of the $108,000 barrier before being rejected and closing Q2 and June…
Warning Signs? Long-Term Bitcoin Holders Take Profits as Leverage Spikes
Bitcoin continues to maintain its upward trajectory following a minor correction, now trading at $107,251, reflecting a 2.3% increase over the past week. Although still trailing its May all-time high of $111,000 by around 4%, the asset’s price action signals a notable return of momentum. The crypto market, led by Bitcoin, has seen renewed trading…
Pundit Warns Bitcoin Is Setting Up Liquidity Traps As It Campaigns For New ATHs
A seasoned crypto analyst has warned that the recent Bitcoin (BTC) price action may be setting the stage for major liquidity traps, echoing patterns seen in past cycles. As the leading cryptocurrency aims for new all-time highs, the pundit suggests that market makers could be deliberately engineering conditions for bear traps before triggering a powerful…
Bitcoin Price Holds Steady — Bullish Monthly Structure Suggests Rally Continuation
Bitcoin price started trading in a range below the $108,800 zone. BTC is now consolidating and might aim for a move above the $108,000 resistance. Bitcoin started a downside correction from the $108,800 zone. The price is trading below $107,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with…
Bitcoin July Preview: History Says Don’t Trust The Quiet
Market tactician Daan Crypto Trades (@DaanCrypto) has put a statistical spotlight on Bitcoin’s habit of dozing through June before rewarding – and sometimes punishing – traders in the following quarter. “BTC June has historically been a pretty slow month,” he wrote, noting that the just-ended period was no exception, with spot prices meandering in a…
Big Money Buys Ethereum as Retail FOMOs Into Bitcoin, What Happens Next?
Bitcoin and Ethereum both posted modest gains in the past week, with BTC rising 6.2% and ETH up by 9.6%. However, momentum appears to have paused at the start of the new week. As of Monday, Bitcoin trades just above $107,000 after a slight 0.6% daily dip, while Ethereum has remained flat over the past…
Bitcoin Bears Are Taking Fresh Market Positions, But Are They Safe?
After an eventful start to the week marked by a sharp downward swing below $100,000, the Bitcoin price has recovered excellently, returning above the $107,000 mark to close the week. In spite of Bitcoin’s recent recovery, there seems to be a different sentiment in the market which, interestingly, has been growing over time. Here’s how the…
Bitcoin Price Uptrend Intact — Extension Likely if Momentum Holds
Bitcoin price started a fresh increase above the $107,500 zone. BTC is now consolidating and might aim for a move above the $108,800 resistance. Bitcoin started a fresh increase above the $107,500 zone. The price is trading above $107,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support…
Bitcoin Consolidating Below $108,000 But Eyes $115,000 Target
Bitcoin’s price action has been relatively stable in recent days, currently trading just above $107,000 after briefly touching previous highs near $108,000. Amid this backdrop, technical analysis from a popular crypto analyst on the TradingView platform outlined a compelling structural setup forming on Bitcoin’s daily chart. The analysis shows that Bitcoin’s action is in a…