Tag: 110K

Bitcoin Risks Drop Below $110K

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Bitcoin (BTC) is attempting to reclaim a crucial level as support after bouncing from the recent drop below $115,000. Nonetheless, some analysts warned that the cryptocurrency is entering a corrective phase with a potential 15%-25% drop. Related Reading Bitcoin Risks Drop Below $110,000 On Monday, Bitcoin fell below the $115,000 level for the first time in nearly two weeks, retesting the $114,500 support before bouncing. The flagship crypto has been hovering between its local price range since August 7, hitting its latest all-time high (ATH) of $124,200 before ultimately being…

$3.5B in Realized Profits: Will Bitcoin Drop Below $110K Again?

Key Notes Whales moved 1,800 BTC to Binance, driving sell-side pressure. Over $4B in realized profits suggests strategic exits amid price euphoria. Coin Days Destroyed spike signals long-dormant holders repositioning. After reaching an all-time high of $123K in the past 24 hours, Bitcoin BTC $116 748 24h volatility: 4.6% Market cap: $2.32 T Vol. 24h: $70.83 B dropped to $117K amid a pullback following a massive 20,000 BTC sell-off by a Satoshi-era whale. Glassnode revealed that BTC investors are now realizing their profits rapidly and this could be just the…

Bitcoin Sentiment Turns Bullish In Hopes of Return To $110K

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Crypto traders are becoming increasingly bullish on social media over Bitcoin’s chances of reclaiming $110,000, but the surge in optimism isn’t always a good sign, says blockchain analytics platform Santiment.  “It’s pretty clear that the crowd is starting to salivate over a potential $110K+ Bitcoin market value,” Santiment analyst Brian Quinlivan told Cointelegraph.  Bullish Bitcoin comments surge to three-week high Santiment data shows that for every bearish comment on Bitcoin (BTC), there are now 1.51 bullish comments — the highest sentiment ratio in the past three weeks. The data was…

Bitcoin Price Stalls Below $110K — Another Rejection for Bulls

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Bitcoin price started a fresh decline from the $110,000 zone. BTC is now declining and might trade below the $107,500 support zone. Bitcoin started a fresh decline from the $110,000 zone. The price is trading below $108,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $108,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $106,500 zone. Bitcoin Price Dips Again Bitcoin price…

Bitcoin ETF weekly inflows fall 65%, market cools after $110K BTC rally

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Weekly inflows into the U.S. spot Bitcoin ETFs experienced a significant drop last week as fading Fed rate cut hopes and Trump’s newly passed budget bill tempered investor appetite. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $769.6 million over the past week, a 65% drop from the prior week when these investment products drew in $2.22 billion. The week began with $102.14 million in net inflows on Monday, followed by significant outflows of $342.25 million on Tuesday. Momentum reversed midweek, with inflows of $407.78 million on…

Key Bitcoin Price Levels To Watch as BTC Rally Stalls at $110K

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Key takeaways: Bitcoin’s multiple rejections from $110,000 signal the bulls’ inability to sustain higher prices. BTC price may drop as low as $105,000 in the short term if key levels are lost. Bitcoin (BTC) bulls were thwarted in an attempt to regain support at $110,000 on Thursday as US employment data exceeded expectations, dealing a blow to hopes of interest-rate cuts before September.  This is the third failed attempt since the May all-time high, casting doubt on Bitcoin’s ability to breach $110,000 and enter price discovery again. BTC/USD four-hour chart.…

Bitcoin hits $110k as GMO Miner offers daily passive income

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s rebound to $110,000 signals a new cycle of opportunity, one that platforms like GMO Miner are helping users navigate with stable daily passive income. On Wednesday, Bitcoin (BTC) touched $110,000, hitting a new high since mid-June, with a 24-hour increase of 3.5%. At the same time, the Nasdaq index rose 0.8%, and global risk asset sentiment rebounded significantly. This round of rebound is not accidental, but a systematic…

Bitcoin Brushes $110K as Whales Pull Funds from Binance, What Are They Planning?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Bitcoin Price Coiling Up — Is a Surge Past $110K on Deck?

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Bitcoin price started a fresh increase above the $107,500 zone. BTC is now consolidating and might struggle to continue higher above the $110,000 resistance. Bitcoin started a fresh increase above the $108,500 zone. The price is trading above $108,000 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support at $109,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $107,850 zone. Bitcoin Price Consolidates Gains Bitcoin price started…