By Afe Funbi Key highlights: Bitcoin price trades near $110K as TD Sequential flashes a buy setup, with confirmation hinging on a push above $110.8K-$112K. On-chain data shows whale activity drove the late August drop, while mid-tier holders stayed firm and entities began to recover. BTC’s short-term outlook depends on whether price holds $109K support […]
Tag: BTC
By Emir Abyazov Key highlights: BTC MVRV for short-term holders hits breakeven at $110,326 Oversold signal appears on Bollinger Bands, rare in past year Historical parallels suggest potential BTC reversal after dips Bitcoin MVRV flashes oversold signal — Could BTC rebound soon? The MVRV indicator, when combined with Bollinger Bands, has flashed an “oversold” […]
By Emir Abyazov Key highlights: ETFs have accumulated 1.47M BTC—7% of the total Bitcoin supply U.S. funds hold 1.29M BTC; BlackRock leads with 746K BTC August saw $301M outflows from BTC ETFs while ETH saw $3.95B inflows Bitcoin ETFs already own 7% of the main cryptocurrency’s maximum supply ETFs now hold more than 1.47 million […]