Bitcoin rallies to $109.7K but pro traders question BTC’s price momentum

Bitcoin rallies to $109.7K but pro traders question BTC’s price momentum – DG Verifications & Stats

Bitcoin moved closer to its all-time high today, but several data points suggest pro traders are not on board yet. Market Analysis Key takeaways: Bitcoin trades near all-time high, but derivatives data show traders remain cautious and uncommitted. The USDT discount in China and spot Bitcoin ETF outflows highlight investor concerns over global trade tensions. Bitcoin (BTC) surged above $109,000 on Wednesday after briefly retesting the $105,200 …

Bitcoin Rally Above $109,000 Supported by Onchain Signals and Technical Indicators Suggesting Potential Breakout

Bitcoin’s recent surge past $109,000 marks a significant milestone, underpinned by robust on-chain data and technical indicators signaling a potential major breakout. The rally coincides with a historic rise in

Bitcoin Price Surges to $109.7K Amid Cautious Market Sentiment and Uncertain Sustainability

The post Bitcoin Price Surges to $109.7K Amid Cautious Market Sentiment and Uncertain Sustainability appeared on BitcoinEthereumNews.com. Bitcoin’s recent surge to $109.7K has reignited interest across the cryptocurrency market, spotlighting key factors driving this unprecedented price movement. Despite the bullish momentum, experienced traders remain cautious, analyzing market indicators that suggest potential volatility ahead. According to COI…

Bitcoin Rallies Above $109K But Pro Traders Exercise Caution - Data Intelligence

Key takeaways: Bitcoin trades near all-time high, but derivatives data show traders remain cautious and uncommitted. The USDT discount in China and spot Bitcoin ETF outflows highlight investor concerns over global trade tensions. Bitcoin (BTC) surged above $109,000 on Wednesday after briefly retesting the $105,200 support level earlier in the day. The rally coincided with data showing monetary expansion in the eurozone and signs of weakness in…

Bitcoin rallies to $109.7K but pro traders question BTC’s price momentum

Bitcoin derivatives data explains why BTC failed to hit a new high today.