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Bitcoin’s decline to $108K could happen as investors seek ‘safer’ options.

Bitcoin's decline to $108K could happen as investors seek 'safer' options.

Key Insights: The increasing demand for bonds and gold reflects recession fears, which hinder Bitcoin’s ability to sustain upward momentum. While the relationship with stocks remains strong, factors like the potential inclusion of Bitcoin in the S&P 500 could shift market sentiments. On Thursday, Bitcoin (BTC) struggled to maintain its bullish trend as traders sought […]

Bitcoin needs to stay above $108K to avoid a downward trend.

Bitcoin needs to stay above $108K to avoid a downward trend.

Bitcoin Approaches All-Time Highs Traders are noting that Bitcoin is nearing its previous all-time highs and suggest it needs to maintain this momentum. “At this stage, I really don’t want to see it drop below $108K again,” one trader remarked, indicating hopes for a breakout. Potential Risk for Bitcoin “We should aim to close around […]

Bitcoin supporters ‘dominate’ as BTC price rises to $108K

Bitcoin supporters 'dominate' as BTC price rises to $108K

Bitcoin’s Market Movements and Geopolitical Tensions Key Points: Bitcoin is expected to reach a liquidity grab at $108,000, reflecting a response to market shorts. The price target suggests a potential return to its previous all-time high in the near future. Geopolitical issues have shifted focus back to the Russia-Ukraine conflict as tensions in the Middle […]

Bitcoin trader converts $1.25B long position to short as BTC value drops below $108K

Key Points: Bitcoin continues to drift further from its recent peak as trade tariffs in the U.S. impact market sentiment. Some traders suggest that BTC’s price might dip even lower while still being part of a bull market. James Wynn, a notable trader, is betting against BTC after previously closing a substantial position worth $1.25 […]

Bitcoin ETFs see $2.75B in weekly investments while the price remains over $108K

This week, US Spot Bitcoin Exchange-Traded Funds (ETFs) saw inflows totaling $2.75 billion, coinciding with Bitcoin surpassing its previous high from January, which was $109,000. To put that in perspective, the inflow figure was nearly 4.5 times the $688 million from the previous week for Spot Bitcoin ETFs. BlackRock Bitcoin ETF Sees Continued Inflows On […]

$108K BTC price next? Bitcoin reaches bull market 'pivot point' – Cointelegraph

Bitcoin stayed at $98,000 on February 21st as the Bulls saw the best daily closure in nearly three weeks. BTC/USD 1 hour chart. Source: CointeLegraph/TradingView Bitcoin traders expect six-figure returns Cointelegraph Markets Pro and TradingView It showed that the BTC/USD building is profiting after the previous daily candles were closed at $98,330 on Bit Stamp. […]