Analysts say Bitcoin’s volatile price action reflects an increasing risk of distribution as new BTC whales control the price action. Is a drop to $85,000 in play for the short term?
ETH sold off at the weekly open, but its net taker volume metric turned positive for the first time in years. Will bulls take notice of the signal and attempt to press Ether price higher?
Bitcoin is holding above $92,000, but spot ETF outflows and rising geopolitical tensions threaten to weaken the resistance. Will traders pile into the dip?
Bitcoin’s drop to $92,000 was a result of leverage being flushed out and overoptimistic investor sentiment being reset. The real key is whether bulls buy the dip.