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Bitcoin has pulled back to around $115,000, marking a 6.8% decline below its all-time high of $124,128, reached on Aug. 14. Summary Bitcoin retreats to $115K, about 7% below its Aug. 14 ATH of $124,128. Binance whale distribution and rising exchange reserves signal ongoing selling pressure. Analysts see $114K support as crucial before a potential renewed uptrend. The move … Read more
Key Takeaways US-listed Bitcoin ETFs saw over $285 million in weekly net outflows as Bitcoin prices declined. Escalating geopolitical tensions between Thailand and Cambodia contributed to investor uncertainty. Share this article Bitcoin dropped to $117,100 during the Asian trading session on Thursday amid rising geopolitical tensions in Southeast Asia, continued outflows from US spot ETFs, … Read more
Bitcoin has settled just above $105,500 after pulling back from its all-time high of $111,814 set on May 22. The slowdown appears to be primarily caused by traders locking in gains following the sharp climb, with signs of exhaustion starting to appear in both price action and investor behavior. In a June 3 post on … Read more
As Bitcoin nears $100,000, market watchers anticipate short-term consolidation, though the asset’s uptrend is likely to continue. Bitcoin (BTC) price returning to $100,000 could prompt “short-term consolidation,” analysts warn, though the long-term outlook for the cryptocurrency remains positive. While key psychological levels often lead to profit-taking, analysts point to gold’s rise to new all-time highs … Read more
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