Bitcoin Price Prediction: Analysts Eye $125K Rebound As Sovereign Wealth Funds Buy The Dip
- Bitcoin trades near $111,500, rebounding after a flash crash with $110K and 200-day EMA acting as key support.
- On-chain data shows $180M inflows as an EU sovereign wealth fund makes its first Bitcoin purchase.
- Analysts see recovery potential if BTC clears $116K–$117K, opening path toward $120K–$125K.
Bitcoin price today is trading near $111,500, recovering modestly after one of its sharpest two-day declines this quarter. The rebound comes as buyers defend the $110,000 region, supported by the 200-day EMA near $107,900, while institutional inflows hint at renewed accumulation following the panic-led selloff.
Bitcoin Price Finds Support At Trendline Base
The daily chart shows Bitcoin bouncing from a confluence of technical supports around $110,000. The zone includes the ascending trendline drawn from July l…
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Bitcoin Price Prediction: Analysts Warn $110K Breakdown Could Extend As $7B Liquidation Shakes Market
Bitcoin Price Prediction: Analysts Eye $125K Rebound As Sovereign Wealth Funds Buy The Dip
- Bitcoin trades near $111,500, rebounding after a flash crash with $110K and 200-day EMA acting as key support.
- On-chain data shows $180M inflows as an EU sovereign wealth fund makes its first Bitcoin purchase.
- Analysts see recovery potential if BTC clears $116K–$117K, opening path toward $120K–$125K.
Bitcoin price today is trading near $111,500, recovering modestly after one of its sharpest two-day declines this quarter. The rebound comes as buyers defend the $110,000 region, supported by the 200-day EMA near $107,900, while institutional inflows hint at renewed accumulation following the panic-led selloff.
Bitcoin Price Finds Support At Trendline Base
The daily chart shows Bitcoin bouncing from a confluence of technical supports around $110,000. The zone includes the ascending trendline drawn from July l…
Read The Full Article Bitcoin Price Prediction: Analysts Eye $125K Rebound As Sovereign Wealth Funds Buy The Dip On Coin Edition.
Читать больше