Tag: 112K

Bitcoin Rally To $112K Depends On Four Catalysts

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Key takeaways: Bitcoin derivatives and cautious interest rate expectations keep sentiment restrained, yet improving liquidity conditions bolster upside potential. Regulatory easing and MSCI’s review of BTC-heavy firms could lift risk appetite, supporting a more constructive medium-term outlook for Bitcoin. Bitcoin (BTC) has been pinned below $92,000 since Thursday and is down 22% in the last 30 days, but the situation could change soon. Bulls expect multiple governments to expand their money supply to support their economies and rising fiscal deficits, while bears often cite softer labor indicators and mounting concerns…

ETF Exodus Tests Bitcoin Rally, Analyst Bets on $112K BTC

Key Notes Bitcoin ETFs saw $278 million in outflows. Analysts say a rebound to $112K remains likely. Bitcoin trades near $103K, holding above the $100K support. Bitcoin spot ETFs recorded total net outflows of $278 million on Nov. 12, according to SoSoValue data, while the price of the leading digital currency failed to push past the $105K price level. Despite the sell-off pressure, some analysts believe the pullback could set the stage for another price surge, potentially putting Bitcoin  BTC $103 735 24h volatility: 0.3% Market cap: $2.07 T Vol.…

Bitcoin Short Squeeze To $112K Possible If US Shutdown Ends

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Key takeaways: A US government shutdown resolution might spark a short squeeze, yet traders remain skeptical that it alone can sustain Bitcoin’s move beyond $112,000. Investor caution grows as AI valuations and weak consumer earnings weigh on risk appetite, limiting conviction in Bitcoin’s rally potential. Bitcoin (BTC) reclaimed the $106,000 level on Monday as the US government shutdown appeared to be nearing an end. Analysts had warned that an extended funding halt could further dampen consumption, especially after thousands of flights were canceled. As the tech-heavy Nasdaq Index rose 1.5%,…

Bitcoin price dips below $112K amid US-China trade war

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Bitcoin price continued its decline after Trump’s China import threats reignited fears of a renewed U.S.–China trade war. Summary Trump’s cooking oil ban threat on Oct 14 deepened trade war fears. Bitcoin dropped below $112K, with $90B trading volume amid volatility. Rising liquidations and Fed rate cut uncertainty worsen bearish market sentiment. Bitcoin traded near $111,925 at press time, easing about 1.3% in the past day as headlines around worsening U.S.–China trade relations rattled risk appetite and traders reduced leverage. Trading activity has picked up despite the pullback. Bitcoin’s (BTC)…

Pro Bitcoin Traders Hold Firm As BTC Bounces Off $112K

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Key takeaways: Heightened Bitcoin put option premiums signal cautious trader sentiment. US job openings near five-year lows, increasing recession fears and potential economic slowdown risks. $518 million flowed into Bitcoin ETFs on Monday, while public companies keep accumulating, tightening available supply. Bitcoin (BTC) pro traders remain uneasy about holding downside risks despite recent gains to $114,000, as derivatives markets show heightened fear. Traders are likely considering whether these metrics reflect broad concerns about global economic growth or fears specific to the cryptocurrency market. Bitcoin options 30-day skew (put-call). Source: Laevitas.ch…

Bitcoin Recovers $112K, Bull Market ‘Not Over’ — Analyst

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A Bitcoin analyst has argued that Bitcoin is still in a bull market as it briefly recovered to over $112,000 on Monday after a week of major volatility. Bitcoin (BTC) has struggled to gain over the past week as analysts said investors were showing signs of exhaustion, with its sudden drop last week resulting in two major liquidation events across the wider crypto market. Bitcoin hit a 24-hour high of $112,293 in early trading on Monday, surpassing $112,000 for the first time since sharply falling on Thursday. It is currently…

Bitcoin price hikes above $112k, could BTC rally?

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Bitcoin price managed to make its way above the $112,000 threshold, holding slightly below $113,000. After dropping below $110,000 amidst a sharp decline due to liquidations, is there still hope for a rally? Summary Bitcoin remains stable at the $112,000 mark, however it needs to climb above $114,000 to shoot up into the rally. Matrixport found that the resistance zone currently sits at $109,000. This means that BTC must remain above that level so that it doesn’t slip further down. Bitcoin price took a massive hit when mass liquidations wiped…