Bitcoin Price Prediction: BlackRock’s Fink Backs BTC As ‘Digital Gold’
Share:
Predictions Markets
See what traders are focused on
- Bitcoin trades near $113,700 after rejecting $124,000, with $113K trendline support in focus.
- On-chain flows show $185M net outflows, signaling accumulation despite recent correction.
- BlackRock CEO Larry Fink calls Bitcoin a “legitimate alternative asset,” reinforcing institutional demand.
Bitcoin price today trades near $113,700, consolidating after a sharp pullback from the $124,000 resistance zone. The selloff found footing near the $113,500 level, aligning with the 100-day EMA and a critical trendline support that has contained every major correction since May. Bulls now face a test to reclaim $116,500 and restore momentum before deeper downside levels come into play.
Bitcoin Price Tests Lower Channel Support
On the daily chart, Bitcoin remains within a broad ascending channel that stretches from April. Price r…
Read The Full Article Bitcoin Price Prediction: BlackRock’s Fink Backs BTC As ‘Digital Gold’ On Coin Edition.
In This News
Coins
$ 64.13K
+0.04%
$ 0.0000824
$ 0.001
$ 0.534
Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 64.13K
+0.04%$ 0.0000824
$ 0.001
$ 0.534
Predictions Markets
See what traders are focused on
Share:
Read More
Eric Trump’s American Bitcoin forces 1-for-15 reverse split to avoid Nasdaq delisting amid 8k BTC holding
