Bitcoin Price Prediction: Sellers Block Recovery As Price Compresses Near Major Support
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- Bitcoin fails to break $95,000 as price compresses inside a wedge, with sellers maintaining control at major resistance.
- Spot and ETF flows remain negative, with over $170M in recent outflows signaling weak demand and cautious positioning.
- Futures open interest and volume decline, showing lower conviction and reducing the probability of a sustainable breakout.
Bitcoin price today trades around $92,930 after failing to break above $95,000, a level that sellers have defended for nearly two weeks. The rejection keeps short term pressure on buyers, with price now moving inside a tightening wedge that usually leads to a sharp breakout. The market is waiting for a clear signal, but current flows and positioning still lean cautious.
Spot Outflows Keep Pressure On Price
Spot data shows that investors are still taking money out of…
Read The Full Article Bitcoin Price Prediction: Sellers Block Recovery As Price Compresses Near Major Support On Coin Edition.
In This News
Coins
$ 92.29K
-1.25%
$ 0.0075
-11.5%Share:
In This News
Coins
$ 92.29K
-1.25%$ 0.0075
-11.5%Share:
Read More
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Bitcoin Price Prediction: BTC Stabilizes Above Support as Open Interest Climbs Again
Bitcoin Price Prediction: Sellers Block Recovery As Price Compresses Near Major Support
Share:
- Bitcoin fails to break $95,000 as price compresses inside a wedge, with sellers maintaining control at major resistance.
- Spot and ETF flows remain negative, with over $170M in recent outflows signaling weak demand and cautious positioning.
- Futures open interest and volume decline, showing lower conviction and reducing the probability of a sustainable breakout.
Bitcoin price today trades around $92,930 after failing to break above $95,000, a level that sellers have defended for nearly two weeks. The rejection keeps short term pressure on buyers, with price now moving inside a tightening wedge that usually leads to a sharp breakout. The market is waiting for a clear signal, but current flows and positioning still lean cautious.
Spot Outflows Keep Pressure On Price
Spot data shows that investors are still taking money out of…
Read The Full Article Bitcoin Price Prediction: Sellers Block Recovery As Price Compresses Near Major Support On Coin Edition.
In This News
Coins
$ 92.29K
-1.25%$ 0.0075
-11.5%Share:
In This News
Coins
$ 92.29K
-1.25%$ 0.0075
-11.5%Share:
Read More
Crypto News: Bank of America’s ‘Positive’ 4% Call Sounds Bullish, but Why Now?