Bitcoin Price Prediction: BTC Consolidates Near $68K as Analyst Warns ETF Ownership is Hedged
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Bitcoin trades near $67,800, with open interest up 2.70% to $44.65B and volume rising 1.11% to $51.65B. Despite ETFs holding $85B in assets, a warning suggests 55-75% is controlled by market makers, indicating a lack of long-term investor faith. Bitcoin remains below key indicators, trading modestly up 0.59% in 24 hours after recovering from February lows.
- Bitcoin consolidates near $67,800 as open interest climbs 2.70% to $44.65B and volume rises 1.11% to $51.65B.
- Bitcoin ETFs still hold $85B in assets despite 46% price crash, but 10x Research warns 55-75% owned by hedged market makers.
- Price trades below Supertrend at $77,783 and SAR at $62,238 with Bollinger Bands showing tight consolidation range.
Bitcoin price today trades near $67,864, up 0.59% in the past 24 hours as the token attempts to extend its recovery from the $60,000 February low. The move comes as analyst Markus Thielen warns that the resilience of Bitcoin ETFs, which still hold $85 billion despite the crash, masks a harsh reality dominated by market makers and arbitrageurs rather than long-term believers.
Bitcoin ETFs Hold $85B But Ownership Tells Different Story
Despite Bitcoin dropping from above $126,000 in early October to nearly $60,000 in Feb…
Read The Full Article Bitcoin Price Prediction: BTC Consolidates Near $68K as Analyst Warns ETF Ownership is Hedged On Coin Edition.
In This News
Coins
$ 67.11K
-1.33%
$ 0.00248
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In This News
Coins
$ 67.11K
-1.33%$ 0.00248
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Bitcoin Price Holds Near $67,000 as Market Forces Push in Opposing Directions
Crypto Retreats as Geopolitical Tensions and ETF Outflows Hit Bitcoin
Bitcoin Price Prediction: BTC Consolidates Near $68K as Analyst Warns ETF Ownership is Hedged
Share:
Bitcoin trades near $67,800, with open interest up 2.70% to $44.65B and volume rising 1.11% to $51.65B. Despite ETFs holding $85B in assets, a warning suggests 55-75% is controlled by market makers, indicating a lack of long-term investor faith. Bitcoin remains below key indicators, trading modestly up 0.59% in 24 hours after recovering from February lows.
- Bitcoin consolidates near $67,800 as open interest climbs 2.70% to $44.65B and volume rises 1.11% to $51.65B.
- Bitcoin ETFs still hold $85B in assets despite 46% price crash, but 10x Research warns 55-75% owned by hedged market makers.
- Price trades below Supertrend at $77,783 and SAR at $62,238 with Bollinger Bands showing tight consolidation range.
Bitcoin price today trades near $67,864, up 0.59% in the past 24 hours as the token attempts to extend its recovery from the $60,000 February low. The move comes as analyst Markus Thielen warns that the resilience of Bitcoin ETFs, which still hold $85 billion despite the crash, masks a harsh reality dominated by market makers and arbitrageurs rather than long-term believers.
Bitcoin ETFs Hold $85B But Ownership Tells Different Story
Despite Bitcoin dropping from above $126,000 in early October to nearly $60,000 in Feb…
Read The Full Article Bitcoin Price Prediction: BTC Consolidates Near $68K as Analyst Warns ETF Ownership is Hedged On Coin Edition.
In This News
Coins
$ 67.11K
-1.33%$ 0.00248
Share:
In This News
Coins
$ 67.11K
-1.33%$ 0.00248
Share:
Read More
Bitcoin Price Holds Near $67,000 as Market Forces Push in Opposing Directions