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Bitcoin traders are focused on these BTC price points at $116K.

Bitcoin traders are focused on these BTC price points at $116K.

Key Points: Bitcoin (BTC) is expected to witness fluctuations as a new week begins, surpassing current spot prices. A quiet weekend sets the stage for potential volatility as new macroeconomic factors come into play. A “busy week” lies ahead with the release of the Federal Reserve’s preferred US inflation measure. As the week closes on […]

8 out of 10 Bitcoin bullish signs shift to negative even with rise to $116K

8 out of 10 Bitcoin bullish signs shift to negative even with rise to $116K

Metrics for the Bitcoin Bull Market have generally been negative, even though Bitcoin reached $116,000 on Friday, as reported by Cryptoquant. Eight of the ten indicators in the Bullscore Index are showing bearish trends for Bitcoin. Crypto analyst Ja Maartun noted that “momentum is clearly cooling” on Thursday. The Bullscore signal from the Blockchain Analytics […]

Bitcoin price targets $116K liquidity sweep as ETF resurgence gains attention

Bitcoin price targets $116K liquidity sweep as ETF resurgence gains attention

Key Points: Bitcoin is expected to rebound, aiming for a significant target of $116,000, with liquidation levels appearing both above and below this price. Anticipate BTC price support remaining steady above $110,000. ETF inflows may provide a glimpse into market sentiment, according to recent analysis. Bitcoin (BTC) edged closer to $116,000 after the markets opened […]

Bitcoin Reaches All-Time High Exceeding $116K

Bitcoin Reaches All-Time High Exceeding $116K

Top Line Bitcoin reached a new record high of over $116,000 on Thursday. This surge in cryptocurrency prices seems to have coincided with a wave of regulatory optimism from House Republicans, which has excited crypto investors. Important facts Bitcoin saw an increase of more than 4% shortly after 7:35 PM EDT, hitting a peak of […]