113K
Bullish Divergences Push BTC to $113K As Whales Sell Supply
Key takeaways: Bitcoin bounced to $113,900 after testing weekly lows, fueled by bullish divergences. Whale-sized entities have sold 147,000 BTC since August, signaling supply pressure. Bitcoin options implied volatility hit multi-year lows, hinting at a potential explosive move. Bitcoin (BTC) staged a swift recovery to $113,900 on Wednesday after sweeping below Monday’s low of $111,500 […]
Bitcoin Price Drop To $113K Before New FOMC Highs Possible
Key takeaways: Bitcoin could retest the $111,000–$113,000 zone, mirroring the breakout structure seen in Q2. The URPD metric shows 5.5% of BTC supply clustered between $110,000–$113,000. Fresh mid-sized holders absorbed whale distribution of 715,000 BTC. Bitcoin (BTC) has rallied nearly 6% in September, defying its bearish seasonality. After a strong weekly performance, the asset topped […]
Bitcoin Corrects Below $113K As Retail Traders Panic Sell
Retail crypto traders have seemingly flipped bearish after Bitcoin failed to pick itself up from a recent dip below $113,000, clocking a 17-day low. “Retail traders have done a complete 180 after Bitcoin failed to rally and dipped below $113,000,” said analysts at blockchain analytics firm Santiment on Wednesday. Santiment also reported that the past […]