Key highlights: CC price is compressing inside a tight wedge after months of sideways trading between key support and resistance. Key levels are $0.175–$0.18 resistance and $0.138–$0.14 support, defining the breakout direction. Grayscale’s ETF filing and DTCC’s tokenization pilot could drive the next move. Canton has spent the past few months doing something that often […]
Tag: ETF
Key highlights: Bitcoin is testing a major 9-year trendline inside a long-term accumulation zone between $50K–$65K. Whale accumulation is rising, but ETF outflows and institutional pressure are weighing on short-term sentiment. Key support at $55K could define the next major move, with downside risk toward $35K if it fails. Prominent analyst Crypto Patel’s latest view […]
By Dimitar Dzhondzhorov The leading cryptocurrency has been in a clear decline lately, with its price tumbling well below $70,000. Certain analysts and well-known financiers think the bottom during this cycle has yet to be reached, while waning institutional interest in the asset intensifies fears of a more substantial sell-off. Red Days for the ETFs […]