Broadening wedge or bull flag? Either way, Bitcoin appears to be losing momentum
Traders, whales, and ETFs are buying each major dip, but Bitcoin continues to lose momentum, calling the duration of the current bull market into question.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Traders, whales, and ETFs are buying each major dip, but Bitcoin continues to lose momentum, calling the duration of the current bull market into question.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Ethereum bears keep selling but ETH price stays near $2,700 as US spot ETFs record $206M in outflows
Ethereum’s institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively w...
Bitcoin ETFs Lose $90 Million as Blackrock Keeps Buying
U.S. crypto ETFs opened the week under pressure, with bitcoin funds posting $89.90 million in net outflows and ether ETFs extendin...
Payments Firm Says Tether Froze $2.76 Million Brazilian Police Didn’t Flag, Forcing Layoffs
Tether froze $2.76 million of a payments company’s working capital though the Brazilian police investigation behind the freeze nev...
Mark Zuckerberg Meta AI Predicts Double-Digit XRP Price by 2026
Currently priced at approximately $1.50, Mark Zuckerberg’s Meta AI predicts that XRP could surge above $10 this year, a gain of ar...
CryptoQuant: BTC “Bull Run Has Started” – 3x to 5x Cycle Outlook | Ki Young Ju
Bitcoin Magazine CryptoQuant: BTC “Bull Run Has Started” – 3x to 5x Cycle Outlook | Ki Young Ju Is the next Bitcoin move a 10x or...
Bitcoin ETFs Bring in $241M To Kick Start ‘Uptober’
Bitcoin Magazine Bitcoin ETFs Bring in $241M To Kick Start ‘Uptober’ Investors bought over $241 million in U.S. bitcoin exchange-t...