Bitcoin’s price is struggling to hold above $100,000, marking one of its weakest phases in recent months. BTC exchange-traded funds (ETFs), once considered bullish catalysts, now appear to be amplifying market pressure. The recent data show that ETF outflows are intensifying Bitcoin’s decline, shaking investor confidence, and presenting a potential bearish phase ahead. Bitcoin May
Bitcoin (BTC) trades near $101,358 as it struggles to regain momentum after retreating from its October highs. The price remains under selling pressure, moving below key exponential moving averages (20, 50, 100, and 200-EMA). This setup signals a continuation of short-term weakness despite brief rebounds seen earlier in the week. Price Consolidation and Technical Levels
Gold advocate Peter Schiff issued warnings about risks facing Bitcoin holders who have pledged their tokens as collateral for loans. The economist argues that a market crash would force liquidation of these positions at unfavorable prices. Schiff stated that holders have pledged Bitcoin as collateral to acquire other assets or fund lifestyles without selling their
Bitcoin (BTC) trades at $101,328 as of press time, erasing the 2.3% recovery that had briefly pushed the price to $103,885 the day before. The breakdown confirms what on-chain data has been telegraphing about demand momentum fading, long-term holders selling into weakness, and the market testing structural supports last seen during mid-cycle corrections. The two
According to Matrixport’s post, Bitcoin has entered a consolidation phase due to macroeconomic pressures and resistances in the market structure. Matrixport: Bitcoin in Consolidation Phase, Current Situation Not a Structural Peak The report cited the cautious stance of the US Federal Reserve and the low probability of easing monetary policy in the near term as
Leading cryptocurrency Bitcoin entered a downward trend after reaching a new ATH of over $126,000 at the beginning of October. While there was a major crash in BTC and altcoins on October 11, this downward trend continues in November. Analysts are divided on their BTC predictions. Bitcoin’s ongoing correction has led to divided market predictions,
U.S. exchange-traded funds (ETFs) recorded inflows of $240 million on Thursday, marking the first day of positive flows since Oct. 28, according to data from Farside. No outflows were reported from any ETF provider, ending a six-day streak of consecutive outflows. The longest stretch of outflows since the ETFs launched remains eight consecutive trading days,
Samson Mow, one of the most vocal Bitcoin maximalists, has urged Zcash holders to buy Bitcoin. Mow has drawn parallels between the recent Zcash rally and the price trajectory of meme cryptocurrency Dogecoin (DOGE). “For everyone excited about Zcash, this is DOGE. Your job is to figure out where on this chart you’re at right
After a devastating downturn this week, Bitcoin climbed above $103,000, posting a gain of just over 1% in the past 24 hours. This has revived hopes of a recovery. But fresh data suggest that the crypto asset went below critical trendlines, and analysts say multiple weekly closes under its 50-week moving average confirm the cycle
Bitcoin’s sharp recovery above $104,000 earlier today stirred debate among traders, as on-chain data shows long-term holders (LTHs) quietly taking profits while short-term holders (STHs) are absorbing the selling pressure. According to analysts, the tension between these two groups could decide whether BTC continues its rebound or slips back below $100,000. LTHs Distribute as BTC