Bitcoin Price Prediction: BTC Holds $111K As ETF Demand And Corporate Buying Absorb Supply
- Bitcoin price today holds near $111,900 after rejection at $114,000 resistance.
- $74.3M net outflows highlight cautious investor sentiment despite reduced selling pressure.
- Institutional demand from ETFs and corporates continues to absorb more Bitcoin than miners produce.
Bitcoin price today is trading near $111,900 after slipping from the $114,000 zone earlier this week. The rejection at the 20- and 50-EMA cluster near $113,200 has kept upside attempts capped, while immediate support remains at $111,000. Traders are now focused on whether this consolidation turns into a rebound or if deeper retracement risks emerge.
Bitcoin Price Struggles Below EMA Resistance
The 4-hour chart shows Bitcoin caught in a downward retracement from its mid-September peak near $118,000. Price is currently holding just above the …
Read The Full Article Bitcoin Price Prediction: BTC Holds $111K As ETF Demand And Corporate Buying Absorb Supply On Coin Edition.
Read More
Bitcoin (BTC) Price Prediction: Why Is Bitcoin Dropping?
Bitcoin Price Prediction: BTC Holds $111K As ETF Demand And Corporate Buying Absorb Supply
- Bitcoin price today holds near $111,900 after rejection at $114,000 resistance.
- $74.3M net outflows highlight cautious investor sentiment despite reduced selling pressure.
- Institutional demand from ETFs and corporates continues to absorb more Bitcoin than miners produce.
Bitcoin price today is trading near $111,900 after slipping from the $114,000 zone earlier this week. The rejection at the 20- and 50-EMA cluster near $113,200 has kept upside attempts capped, while immediate support remains at $111,000. Traders are now focused on whether this consolidation turns into a rebound or if deeper retracement risks emerge.
Bitcoin Price Struggles Below EMA Resistance
The 4-hour chart shows Bitcoin caught in a downward retracement from its mid-September peak near $118,000. Price is currently holding just above the …
Read The Full Article Bitcoin Price Prediction: BTC Holds $111K As ETF Demand And Corporate Buying Absorb Supply On Coin Edition.
Read More