Tag Archives: spot Bitcoin ETFs

Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000

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US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March.  According to Bloomberg data, these ETFs, managed by some of the world’s largest financial institutions, have attracted net… Continue reading Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000→

VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000

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Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles Edwards, the founder of Capriole Investments, has picked out multiple factors capping the current uptrend to… Continue reading VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000→

Bitcoin Approaching All-Time Highs: Why Is Retail Interest Rapidly Declining?

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Bitcoin is in an uptrend and will likely breach the all-important liquidation line at $72,000. At the spot rate, the coin is up approximately 25% from May lows and may rally, even breaking all-time highs of $73,800. Retail Interest In Bitcoin Falling Even As Prices Approach All-Time Highs Even as Bitcoin prints impressive higher highs,… Continue reading Bitcoin Approaching All-Time Highs: Why Is Retail Interest Rapidly Declining?→

Bitcoin Will Explode If Bulls Break The “Fuse” At $72,000

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Bitcoin’s price has risen roughly 2% in the past 24 hours, trending above $70,000, a psychological level. As bulls prepare for more gains, Willy Woo, an on-chain analyst, believes the coin could soar even higher after breaking above the all-important resistance level at $72,000. Will Bitcoin Soar To $75,000 Due To A Short Squeeze? Even… Continue reading Bitcoin Will Explode If Bulls Break The “Fuse” At $72,000→

Bitcoin Ready To Takeoff? Analyst Eyes $85,000 as Fundamentals Align

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Bitcoin prices are hovering near $70,000, bouncing from a critical dynamic support line, evident in the daily chart. Even though bulls have yet to breach $72,000 and break above March 2024 highs, traders are optimistic about what lies ahead. Bitcoin Bulls In Charge: Analyst Targets $85,000 Taking to X, one analyst believes the world’s most… Continue reading Bitcoin Ready To Takeoff? Analyst Eyes $85,000 as Fundamentals Align→

Bitcoin Inflow To Exchanges At 2016 Levels, Impact On Price Will Be Low Even If Mt. Gox Sells

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Bitcoin briefly shot over $70,000 yesterday before plunging below $69,000 to spot rates. While there are hints of weakness, one analyst on X notes that inflow to exchanges like Binance and OKX is subdued, meaning that users are not keen to sell despite prices tanking and failing to break $72,000. Bitcoin Inflow To Exchanges Remain… Continue reading Bitcoin Inflow To Exchanges At 2016 Levels, Impact On Price Will Be Low Even If Mt. Gox Sells→

ETH/BTC Bounces From A 7-Year Support Trend Line: Ethereum To $4,900?

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After a crucial week for Ethereum, a technical candlestick arrangement shows that ETH prices could prepare for a sharp upturn in the coming weeks and months. Pointing out events in the monthly chart, one analyst notes that the ETH/BTC ratio reverses from a multi-year support trend line. Usually, the analyst continued, when prices bounce from… Continue reading ETH/BTC Bounces From A 7-Year Support Trend Line: Ethereum To $4,900?→

Did MicroStrategy Mess Up By Choosing Bitcoin Over Ethereum? Analyst Weighs In

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Earlier today, the United States Securities and Exchange Commission (SEC) approved 19b-4 fillings for eight spot Ethereum exchange-traded funds (ETFs), paving the way for the highly anticipated institutional adoption of the second most valuable coin. The decision comes after months of uncertainty and less than six months after the regulator approved spot Bitcoin ETFs. For… Continue reading Did MicroStrategy Mess Up By Choosing Bitcoin Over Ethereum? Analyst Weighs In→

Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level

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Bitcoin is cooling off after an impressive 25% spike from May 2024 lows. Even with this cool-off, some analysts are upbeat, predicting the coin will extend gains in future sessions. Bitcoin Finds Strong Support Between $70,180 and $70,600 In a post on X, one analyst believes Bitcoin has strong support at around $70,180 and $70,600. The… Continue reading Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level→

Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?

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Bitcoin is firm, recently trending above $71,200 and easing past local resistance levels, much to the delight of holders. However, the current leg up is just the beginning for Willy Woo, an on-chain analyst. Bitcoin Rally Getting Started: Analyst Taking to X, Woo, who has been maintaining a bullish outlook for the world’s most valuable… Continue reading Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?→