Bitcoin (BTC) Price Prediction: Why Is Bitcoin Dropping?
- Bitcoin price today trades at $112,967 after breaking below key $114,500–$115,000 support levels.
- On-chain data shows $92.7M in outflows and weak SOPR, signaling fading profitability and selling pressure.
- Market liquidations exceed $400M as BTC tests $112,000 liquidity zone, raising risks of deeper correction.
Bitcoin price today is trading at $112,967, slipping after a failed defense of the $114,500–$115,000 zone. Sellers forced price into the $112,000 region, a level where heavy liquidity bids were clustered according to CoinGlass data. The breakdown has sparked concerns that the bull cycle may be stalling despite recent macro catalysts.
Bitcoin Price Breaks Below EMAs
The 4-hour chart highlights the loss of key moving averages as BTC fell from its September high near $117,800. The 20-EMA has crossed …
Read The Full Article Bitcoin (BTC) Price Prediction: Why Is Bitcoin Dropping? On Coin Edition.
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Bitcoin Price Prediction: BTC Holds $111K As ETF Demand And Corporate Buying Absorb Supply
Bitcoin (BTC) Price Prediction: Why Is Bitcoin Dropping?
- Bitcoin price today trades at $112,967 after breaking below key $114,500–$115,000 support levels.
- On-chain data shows $92.7M in outflows and weak SOPR, signaling fading profitability and selling pressure.
- Market liquidations exceed $400M as BTC tests $112,000 liquidity zone, raising risks of deeper correction.
Bitcoin price today is trading at $112,967, slipping after a failed defense of the $114,500–$115,000 zone. Sellers forced price into the $112,000 region, a level where heavy liquidity bids were clustered according to CoinGlass data. The breakdown has sparked concerns that the bull cycle may be stalling despite recent macro catalysts.
Bitcoin Price Breaks Below EMAs
The 4-hour chart highlights the loss of key moving averages as BTC fell from its September high near $117,800. The 20-EMA has crossed …
Read The Full Article Bitcoin (BTC) Price Prediction: Why Is Bitcoin Dropping? On Coin Edition.
Read More