Key highlights: The Bitcoin price has already reached its cycle bottom, stated Kendrick. The Standard Chartered analyst believes that BTC is preparing for a bull run. He sees Strategy’s BTC buy, ETF inflows, and oil price fall as the three key developments to watch. As the Bitcoin price continues to break through key levels, Standard […]
Tag: ETF
Key highlights: Zcash reclaimed $440, with charts targeting a move toward $520-$600 if support holds.Upgrades on the Zcash network, as well as potential ETF demand, is expected keep driving the ZEC price higher.On-chain data remains mixed, but technical indicators continue favoring ZEC. , the ZEC price could climb to $685.60, pointing to notable upside from […]
Key highlights: JPMorgan says Bitcoin’s retreat has accelerated as investors move away from the popular debasement trade. Four straight weeks of Bitcoin ETF outflows suggest institutional demand is weakening alongside gold. JPMorgan sees investors abandoning one of Bitcoin’s biggest narratives Bitcoin may be losing one of the sentiments that helped fuel its rally over the […]