Spot Bitcoin ETFs Back To Positive Returns With $308 Million Inflows – Details

According to data from SoSoValue, the US-based spot Bitcoin ETFs have recorded over $300 million in net inflows over the past week, representing a return to the market’s positive trajectory after a bearish first week in Q4 2024.  Meanwhile, the Spot Ethereum ETFs still retain a negative performance despite a reduction in net outflows. Spot… Continue reading Spot Bitcoin ETFs Back To Positive Returns With $308 Million Inflows – Details

Bitcoin Leveraged Positions Building Up: BTC To $50,000 Or $60,000?

Bitcoin is firm at spot rates, looking at the development in the daily chart. Even so, the downtrend remains, and price action remains within a bearish breakout formation. This outlook follows the dump on September 7 that saw the world’s most valuable coin plunge, approaching the all-important round number, $50,000. Bitcoin Leveraged Positions Building Up… Continue reading Bitcoin Leveraged Positions Building Up: BTC To $50,000 Or $60,000?

Ethereum Slides But Flips Bitcoin In This Key Metric: Time To Load Up?

Ethereum is down nearly 35% from July highs and roughly 40% from 2024 peaks. While there is hope among holders that the coin will expand, breaking local resistance, the short-term trend favors sellers. From the daily chart, not only is ETH struggling to gain momentum and push above $2,800, but sellers have been relentless, diffusing… Continue reading Ethereum Slides But Flips Bitcoin In This Key Metric: Time To Load Up?

Bitcoin Traders Cautious Despite Massive Stablecoin Inflow: What’s Next For BTC?

Bitcoin buyers might be upbeat after the uptick on August 8. While traders are waiting for a conclusive close above $63,000, confirming bulls of the second half of last week, on-chain data points to risk and traders staying on the sidelines. Traders Cautious: Will The Bitcoin Consolidation Continue? Taking to X, one on-chain analyst said.… Continue reading Bitcoin Traders Cautious Despite Massive Stablecoin Inflow: What’s Next For BTC?

Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst

Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices break $70,000. Before then, traders are closely monitoring price action aware that there could be more losses, pushing… Continue reading Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst

Analyst Says Solana Will Go Ballistic In The ‘Mania-Like Stage”, Targets $600

Solana is one of the top performers in the top 10, looking at the performance over the last year of trading. After plunging to around $8 after the collapse of FTX, prices went on to recover steadily throughout 2023 before rising to as high as $210 in March 2024. Is SOL Ready For The “Mania-Like… Continue reading Analyst Says Solana Will Go Ballistic In The ‘Mania-Like Stage”, Targets $600

Bitcoin Bollinger Bands Squeezing: Is BTC Ready For $140,000?

Bitcoin is in an uptrend, but events in the daily chart show pockets of weakness. Though BTC is stagnant, analysts are upbeat, expecting prices to rise in the days to come. Is Bitcoin Ready To Rip Higher: Analyst Says Bulls Are Eyeing $140,000 Taking to X, one analyst has picked out an unusual development: In… Continue reading Bitcoin Bollinger Bands Squeezing: Is BTC Ready For $140,000?

Binance Bought A Whooping 41,000 BTC During The Dip: Did They Save The Bitcoin Market?

Bitcoin is moving sideways at press time, absorbing the wave of selling over the last week. Even though there are some optimists, the candlestick arrangement in the daily chart points to weakness. This preview, at least from a technical angle, remains as long as prices trend below the round number of $60,000 and the liquidation… Continue reading Binance Bought A Whooping 41,000 BTC During The Dip: Did They Save The Bitcoin Market?

Bitcoin Trending Below Crucial Support: Do BTC Bulls Have What It Takes?

Based on the formation in the daily chart, Bitcoin is at a critical point, price-wise. As the battle between bulls and bears progresses, it is clear that sellers have the upper hand for now despite the recent price stability. BTC Prices At A Crucial Price Level: Will Bulls Take Over? As BTC bulls attempt to… Continue reading Bitcoin Trending Below Crucial Support: Do BTC Bulls Have What It Takes?

Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?

As Bitcoin faces strong headwinds, breaching two critical support levels at $60,000 and $56,500 in quick succession, it may, on the surface, appear that fear is gripping the market. There are reasons to be afraid, especially for coin holders leveraging BTC in decentralized finance (DeFi) protocols, looking to take out loans using the asset as… Continue reading Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?