Bitcoin's recent decline below $110,000 highlights growing vulnerabilities in its market structure, driven by thin liquidity, mass liquidations, and significant ETF outflows exceeding $1 billion. A dormant whale’s sale of 24,000 Bitcoins after five years worsened the downturn, leading to a sharp market crash and a loss of $45 billion in market value. Meanwhile, capital is rotating from Bitcoin to Ethereum, with multi-billion dollar inflows favoring ETH products. Despite challenging short-term conditions, institutional investors continue to accumulate Bitcoin, keeping its fundamental strength intact. Analysts warn that Bitcoin is at a critical inflection point, likely to consolidate within $100,000 to $120,000 before potentially rising again toward new yearly highs.
Continue to read Bitcoin Faces Critical Pressure as Whale Sell-Off and ETF Outflows Trigger Market Turbulence
Bitcoin's recent decline below $110,000 highlights growing vulnerabilities in its market structure, driven by thin liquidity, mass liquidations, and significant ETF outflows exceeding $1 billion. A dormant whale’s sale of 24,000 Bitcoins after five years worsened the downturn, leading to a sharp market crash and a loss of $45 billion in market value. Meanwhile, capital is rotating from Bitcoin to Ethereum, with multi-billion dollar inflows favoring ETH products. Despite challenging short-term conditions, institutional investors continue to accumulate Bitcoin, keeping its fundamental strength intact. Analysts warn that Bitcoin is at a critical inflection point, likely to consolidate within $100,000 to $120,000 before potentially rising again toward new yearly highs.
Continue to read Bitcoin Faces Critical Pressure as Whale Sell-Off and ETF Outflows Trigger Market Turbulence
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