Browsing: BTC Price

Bitcoin approaches $117,000 as renewed correlation with gold’s record highs and institutional accumulation create favorable conditions for potential breakout, though liquidity dynamics and technical resistance present near-term challenges in evolving market structure.

Bitcoin’s consolidation near $113,000 amid gold’s record highs sparks debate on a potential breakout, with technical analysis and expert predictions highlighting key levels and correlations shaping the market outlook.

Bitcoin ETFs are experiencing a significant slowdown in flows, with net inflows dropping 54% to $931.4 million last week, signaling weakened institutional demand and raising fears of a correction toward $90,000. Technical analysis shows critical support at $112,000 is under threat, while retail selling and expert warnings of ‘cycle exhaustion’ amplify bearish sentiment, highlighting urgent risks in the volatile crypto market.

Bitcoin faces heightened volatility as Bollinger Bands hit record tightness and a $17.5 billion options expiry approaches, with traders eyeing a dip to $107,000 before potential recovery, amid mixed institutional and retail sentiment.

Bitcoin’s price hinges on key support levels around $110,000-$114,000, influenced by technical indicators, macroeconomic factors, and investor sentiment, with expert predictions ranging from bullish surges to cautious corrections in the volatile crypto market.