Bitcoin Drops to $115500 Overnight Amid Heavy Liquidations and Shifting ETF Interest

Bitcoin Drops to $115500 Overnight Amid Heavy Liquidations and Shifting ETF Interest

Bitcoin’s price sharply declined overnight, dipping briefly to $115516 after trading steadily near $118000 throughout July 24. According to the provided TradingView charts, the sharp move downward followed heavy liquidation pressure, as leveraged traders unwound positions after failing to break resistance near $118000. Technical analysis using the daily chart revealed growing bearish pressure. Bitcoin traded […]

Why is Bitcoin down today? – $144M in liquidations, profit-taking & more…

Why is Bitcoin down today? Profit-taking activity from short-term holders and geopolitical tension in South East Asia help explain the dip.

Bitcoin Faces Potential Decline Below $115,000 Support Amid Shifting Investor Interest Toward Ether · Cardano Feed

Bitcoin faces critical pressure as it nears the $115,000 support level, potentially signaling a shift in the current altcoin season dynamics. Ether (ETH) continues to attract significant investor interest, bolstered by robust inflows into spot ETH ETFs, overshadowing Bitcoin’s recent stagnation.

Bearish Wedge Puts Bitcoin on Edge: Will $113K Hold or Break?

Bitcoin’s daily chart reveals a rising wedge, a typically bearish formation suggesting the current uptrend may be losing steam.  Despite recent declines, Bitcoin has held above the $115,259 support level. However, continued failure to break past $119,415 resistance limits upward momentum and keeps price action compressed within a narrow range. A daily close below $113,000 is now the key technical threshold. Until this happens, the market remains…

Bitcoin Drops Below $115K and Institutions Buy the Dip - Coin Surges

The cryptocurrency left analysts scratching their heads trying to identify the culprit behind the price action. Meanwhile, institutions simply took advantage of the discount. Institutions Load up on BTC As It Slips Under $115K Bitcoin ( BTC) is known for being volatile but Friday’s 3% retreat caught many off guard. The digital asset traded within […] Read Entire Article The post Bitcoin Drops Below $115K and Institutions Buy the Dip appeared fir…

Bitcoin Drops Below $115K and Institutions Buy the Dip – Markets and Prices Bitcoin News

The cryptocurrency left analysts scratching their heads trying to identify the culprit behind the price action. Meanwhile, institutions simply took advantage of the discount. Institutions Load up on BTC As It Slips Under $115K Bitcoin ( BTC) is known for being volatile but Friday’s 3% retreat caught many off guard. The digital asset traded within […]