Browsing: Bitcoin

A rare oversold signal in Bitcoin, driven by short-term holders, suggests a potential market bottom at $107K, with historical precedents indicating rebounds. Technical indicators and on-chain data support a bullish outlook, though macroeconomic and regulatory factors add complexity, emphasizing the need for cautious optimism in current market conditions.

Recent crypto ETP outflows of $1.43 billion reflect market recalibration amid Federal Reserve uncertainties, with institutional actions and sentiment shifts highlighting a maturing ecosystem where Ethereum gains prominence over Bitcoin, supported by regulatory and economic factors.