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Bitcoin Rises Above $97K as Stablecoin Inflows Power Market Rally

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  • May 3, 2025
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Bitcoin rose above $97,000 on Friday, propelled by a huge injection of liquidity into the stablecoin market. In April, the market cap of the stablecoin market increased by 2.2% to $238 billion, with USDT and USDC taking the lead with market cap gains of $2.5 billion and $1.2 billion, respectively. This increase in stablecoin liquidity has previously been associated with Bitcoin price appreciation, and the current trend implies sustained higher pressure for the cryptocurrency. Moreover, long-term Bitcoin investors have stockpiled more than 254,000 BTC at an average price of $95K, which is a reflection of strong market conviction. The synergy between higher stablecoin inflows and a turn in profit for short-term holders can be a sign of the start of a bullish trend for Bitcoin. KEY LOOKOUTS • USDT and USDC market caps increasing by a total of $3.7 billion over the last week indicate increasing liquidity within the crypto space, which tends to foreshadow rallies in Bitcoin prices.  • With 254,000 BTC being held at an average price point of $95K, long-term investors are demonstrating faith in Bitcoin that could dissuade future selling pressure. •  The market cap of USDC increased by 3.07% in April, reaching an all-time $62.1 billion and rising to 26.0% market share, hinting at higher diversification of the stablecoin market. •  A return to profitability for short-term Bitcoin holders with durations longer than one month may signal diminishing selling pressure and point towards the beginning of a wider bullish trend. The price of Bitcoin at over $97,000 is due to a significant surge in liquidity in stablecoins, with USDT and USDC witnessing an aggregate market cap increase of $3.7 billion in the last week. Traditionally, such capital inflows have been responsible for driving price pressure on Bitcoin upwards, suggesting an extension of the rally. Long-term investors have displayed resilience, accumulating 254,000 BTC at an average of $95K, which also assists in supporting the market. USDC has also increased market share, while short-term investors are coming back into profit, lowering selling pressure and potentially initiating the beginning of a new bullish cycle for Bitcoin. Bitcoin’s recent surge past $97,000 is driven by a spike in stablecoin liquidity, with USDT and USDC recording huge market cap gains. Increasing support from long-term holders and the return to profit for short-term holders are signs of robust market confidence, which could be the beginning of a bullish trend for Bitcoin. •  Bitcoin’s price surged past $97,000, moving towards the $100,000 mark with favorable market dynamics. •  The market capitalization of the stablecoin market rose by $5 billion in April to $238 billion, fueled by USDT and USDC inflows. •   USDT’s market capitalization went up by $2.5 billion, while USDC’s rose by $1.2 billion during the last week, indicating a liquidity surge. •  USDC’s market capitalization rose 3.07% in April to an all-time high of $62.1 billion and increased its market share to 26.0%. •   USDT’s market capitalization rose 2.26%, its 20th monthly increase in a row, and cementing its 75.2% control on centralized exchanges. •  Previous experience suggests that the rise in stablecoin market capitalizations has been correlated with Bitcoin price rises, hinting at possible further upwards pressure. •  Long-term investors have stockpiled more than 254,000 BTC at an average price of $95K, with confidence and little risk-taking evidenced. Bitcoin’s recent breach past $97,000 is fueled by growing stablecoin liquidity, particularly with USDT and USDC experiencing notable growth. The more capital that pours into the crypto market, the better it is for Bitcoin, as it continues to stay on its upward trend. The growth in the stablecoin market over the last few weeks is a testament to a broader sentiment of confidence and optimism, with investors more and more seeking to enter or consolidate long positions in the crypto market. BITCOIN DAILY CHART PRICE CHART SOURCE: TradingView In addition to these inflows, Bitcoin’s long-term holders are also demonstrating firm conviction, continuing to hold the cryptocurrency even with the ups and downs in the market. Investors committed to holding Bitcoin in the long term providing stability to the market, thanks to this confidence from long-term holders. Once short-term holders start coming back into profitability, overall sentiment is tilting towards potential growth and many are viewing this as a positive indicator for Bitcoin’s future performance. TECHNICAL ANALYSIS Bitcoin’s recent breakout over $97,000 is indicative of strong bullish pressure, and support and resistance levels are coming into focus. Stablecoin liquidity has in the past been a good indicator of upward pressure on the price of Bitcoin, and the recent growth in market caps of USDT and USDC is an indication that market participants are positioning for higher prices. The capacity of Bitcoin to pierce earlier resistance levels signifies the continuation of the upward trend, while the significant accumulation by long-term holders and the reversion of profit for short-term holders also affirm the possibility of sustained upward price action. Should Bitcoin be able to regain the $100,000 level, it may catalyze more buying pressure and consolidate the bullish perspective. FORECAST Bitcoin’s resilience to climb above $97,000, in tandem with the expanding liquidity of the stablecoin market, indicates further upside potential. If selling pressure continues to dissipate from USDT and USDC flows, Bitcoin may be ready to push past the $100,000 mark, potentially hitting new all-time highs. Furthermore, the belief demonstrated by long-term holders as well as the short-term holders making a return to profitability will definitely subdue selling pressures and enhance buying sentiments. This pattern, combined with the continued growth in stablecoin market capitalizations, validates the prospects for continued upward momentum in the weeks ahead. Conversely, Bitcoin may experience some resistance to continuing its path higher if conditions in the markets shift or if the stablecoin liquidity influx slows. Any meaningful sell-off by short-term holders realizing profits can trigger a short-term pullback, maybe challenging the $90,000 support level. Also, factors from outside markets, like regulatory shifts or macroeconomic issues, may inject volatility, leading to a price fall in Bitcoin. But as long as

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Bitcoin Crypto

Bitcoin Stays Firm in the Face of Market Uncertainty as Trump and Powell Clash

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  • April 19, 2025
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Bitcoin stays firm slightly under $85,000 in the face of increasing market uncertainty, driven by increasing tensions between U.S. President Donald Trump and Federal Reserve Chairman Jerome Powell. Powell’s hardline approach to interest rates, together with worries about the economic repercussions of Trump’s tariff wars, has caused stagflation fears to bring about a loss of market confidence. Despite these challenges, Bitcoin traders are cautiously optimistic, with a noticeable uptick in bullish bets, particularly calls targeting the $90K to $100K range. However, traders are also hedging against potential downturns, buying put options at the $80K mark. As the VIX remains elevated, indicating ongoing volatility, the market is bracing for more turbulence in the coming months. KEY LOOKOUTS • Monitor the continued feud between President Trump and Fed Chair Powell, as any change in U.S. monetary policy could have a profound effect on Bitcoin and general market sentiment. The possibility of Powell’s firing, despite Trump’s displeasure, continues to be a top concern for investors. •  As Powell issued warnings of possible stagflation, markets are closely monitoring economic signals such as the Philadelphia Fed manufacturing index. Any additional indications of slowing economy or accelerating inflation can induce volatility in both conventional and crypto markets. • Investors are taking bullish positions in Bitcoin, and there is a higher demand for calls in the $90K to $100K strikes. This is pointing towards positive expectations regarding Bitcoin’s potential to go higher, but the market is still offsetting this with protection on the downside through put options, which means cautious optimism. • The VIX, an important gauge of market fear, is high, indicating volatility is still persistent. Investors would want to keep a close eye on this since it represents the wider uncertainty of global markets that may affect Bitcoin’s price action in the short term. Bitcoin has held a stable price slightly below $85,000 amidst increasing market uncertainty driven mainly by threats between U.S. President Donald Trump and Federal Reserve Chairman Jerome Powell. Powell’s hawkish interest rate view, combined with fears over Trump’s tariffs possibly leading to stagflation, has made for a volatile economic backdrop, triggering market declines. Bitcoin traders, however, are hopeful, with the number of bullish bets on the price of the cryptocurrency rising to between $90K and $100K. There is, however, greater interest in hedging against the downside via put options at the $80K level, which reflects caution. With the VIX, Wall Street’s fear index, still above its average, the market is preparing for ongoing volatility in the next few months. Bitcoin holds steady just under $85,000 as political tensions between President Trump and Fed Chairman Powell contribute to market uncertainty. While traders are placing bullish bets on Bitcoin’s price rising to higher levels, there is also a significant interest in downside protection, an indicator of cautious optimism in the midst of ongoing volatility. • Bitcoin hovers just short of $85,000 despite uncertainty in the market. • Escalating political tensions between President Trump and Federal Reserve Chair Jerome Powell are fueling the volatility in the market. • Powell’s latest statements point toward tighter Fed policies, stoking fears of stagflation and economic slowdown. • Markets fell after Powell’s dovish comments, with the Philadelphia Fed manufacturing index recording a steep fall. • Investors are placing bullish wagers on Bitcoin, and there is heightened demand for calls with a target of $90K to $100K. • Heightened interest in put options at the $80K level indicates attempts by traders to hedge against potential price drops. • The VIX is still high, pointing to ongoing market volatility and uncertainty in the next few months. Bitcoin is trading flat just below $85,000 as increasing concern over the U.S. economy and geopolitical tensions continues to weigh on investors. These tensions are the result of a clash between President Donald Trump and Federal Reserve Chairman Jerome Powell, with Trump expressing his discontent with the way Powell has managed economic policies. Powell’s emphasis on fighting inflation has sparked stagflation fears, which would result in reduced economic growth and increased prices. Consequently, there is uncertainty in the market, as investors are unsure how these political forces will impact future economic stability. BITCOIN DAILY PRICE CHART CHART SOURCE: TradingView While there are political uncertainties, there is optimism from Bitcoin traders, as many of them are betting on the cryptocurrency to continue growing in value. There is, however, also an undertone of caution, with some traders hedging against possible declines. The market, optimistic regarding Bitcoin’s future, is nevertheless wary, recognizing that the digital currency’s direction may be dramatically altered by larger economic trends and political developments. This represents the nuanced interaction among politics, economic policy, and the crypto market and, therefore, a period of increased uncertainty for investors. TECHNICAL ANALYSIS Bitcoin indicates a market of guarded optimism, with speculators actively seeking bullish positions, especially with calls aimed at the $90K to $100K level for May and June. This reflects anticipation of sustained further advance in Bitcoin’s price, but there is also a significant interest in selling protection, as evident in higher demand for put options at the $80K level. Such a dual strategy is a mirror of traders’ expectations of future price volatility, with most trying to hedge their bullish positions with hedging techniques. The high VIX, a gauge of investor fear, also points to underlying uncertainty, indicating that the market remains vulnerable to wider economic and political events. FORECAST The price of Bitcoin can further go up, fueled by rising demand by traders who expect a bullish trend. The latest interest in call options at the $90K to $100K strikes shows a high conviction that Bitcoin will continue its rally in the next few months. Market sentiment might be driven by favorable news about the global economic environment or easing of the political tensions between President Trump and Fed Chair Powell, which would lead to renewed confidence in the larger market. If these conditions are in sync, Bitcoin may overcome its present resistance levels and move towards new highs. Alternatively, there is a

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Bitcoin Price Prediction: BTC Rally Falters Amid Institutional Selling and Tariff Uncertainty

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  • February 28, 2025
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Bitcoin was highly volatile this week, trading at around $86,000 following a steep 15% drop that saw prices dip as low as $82,256. The decline was largely fueled by President Trump’s renewed tariff threats and declining institutional demand, as seen through massive ETF outflows of $2.2 billion. Technical indicators, such as an oversold RSI, suggest a possible rebound, but traders are still wary in the face of general market uncertainty and concerns that more corrections will send Bitcoin’s price to about $73,000. KEY LOOKOUTS • Bitcoin ETFs experienced $2.2 billion in outflows, adding selling pressure and raising questions about sustained downside momentum. • Trump’s suggested 25% tariffs on the EU and North America add to market uncertainty, potentially putting additional weight on BTC price action. • BTC’s significant support is $73,000; a fall below this may initiate a deeper correction, but RSI suggests potential recovery. • As concerns over stagflation increase, Bitcoin remains trading in tandem with risk assets, with liquidation pressure in the face of economic uncertainty. Bitcoin’s latest price movement indicates a struggle between rebounding and more downward pressure, with the cryptocurrency stuck near $86,000 after an intense 15% fall this week. The rout was prompted by institutional players liquidating their holdings, with Bitcoin ETFs posting $2.2 billion of net redemptions over the last three days. Compounding the doubts, President Trump’s threat to impose tariffs on the European Union, as well as delayed tariffs on Canada and Mexico, triggered risk-off across world markets. The analysts suggest that if bearish pressure continues, BTC can challenge the decisive $73,000 support threshold. But as the RSI indicator also displays oversold, a possible flip remains in consideration, leaving speculators in waiting mode. Bitcoin is trading at $86,000 following a steep 15% fall, fueled by institutional selling and Trump’s tariff threats against the EU. With $2.2 billion worth of Bitcoin ETF outflows, market sentiment is still bearish, and BTC may test the $73,000 support level if selling pressure persists. Nevertheless, the RSI indicates oversold levels, which may see a rebound. • BTC is trading at $86,000 following a steep 15% fall earlier this week. • Bitcoin ETFs experienced $2.2 billion in net outflows in the last three days, adding to selling pressure. • President Trump’s suggested 25% tariffs on the EU and delayed duties on Canada and Mexico have sparked risk-off sentiment. • Stagflation and economic instability fears have prompted investors to cut risk exposure, affecting BTC prices. • If selling pressure persists, BTC may test the key $73,000 support level in the next few days. • The Relative Strength Index (RSI) is oversold and may reflect a reversal or bounce. • Although there’s a possibility of a rebound, BTC is still volatile, and traders need to be ready for more price fluctuations. Bitcoin’s recent price action underscores the influence of externalities, such as geopolitical tensions and changing investor sentiment. The current tariff talks, especially President Trump’s suggested 25% tariff on the European Union, have introduced uncertainty in financial markets, including cryptocurrencies. Investors are watching closely as global economic policies continue to influence the digital asset space. Institutional investors, meanwhile, have been selling their Bitcoin holdings, adding to overall market trends and informing trading behavior. BITCOIN Daily Price Chart Chart Source: TradingView Apart from market forces, the use of Bitcoin as a hedge for economic uncertainty is also an important topic of discussion. While others consider it a store of value, there are others who perceive it as a high-risk asset to be buffeted by external factors. The cryptocurrency market is always closely associated with macroeconomic indicators, regulatory actions, and investor sentiment, all of which are influential in determining its future. With the changing global financial environment, Bitcoin remains in the middle of all the talk regarding digital assets and their role in today’s economy. TECHNICAL ANALYSIS Bitcoin recently broke below significant support levels, which was a sign of a change in momentum. The recent selling pressure, fueled by institutional outflows and macroeconomic uncertainties, has added to heightened volatility. Nonetheless, technical analysis using Relative Strength Index (RSI) also points toward oversold situations that might precipitate a reversal or short-lived relief rally. Even the trend of volume confirms diminished buying interest that continues to underscore cautious feelings from the trading fraternity. Bitcoin might experience more corrections unless it finds renewed strength past the levels of resistance, yet breaking through principal moving averages will reverse bullish vigor. FORECAST Bitcoin may pick up steam and move towards higher resistance levels. A decline in institutional outflows and renewed buying interest from big investors may create buying pressure, firming up the price. Moreover, any favorable macroeconomic news, including clarity on tariffs or alleviating inflation fears, may restore confidence in risk assets, including BTC. If demand picks up, Bitcoin may regain earlier highs and try to break resistance levels, indicating a possible bullish trend. On the negative side, Bitcoin is still susceptible to further corrections if selling pressure persists. Institutional investors selling their holdings and continued uncertainty regarding global economic policies may trigger another round of declines. If Bitcoin fails to hold onto key support levels, it can test lower price levels, possibly hitting the $73,000 level. Additionally, macroeconomic threats like extended stagflation concerns and decreased liquidity in financial markets may contribute to downward pressure, making short-term recovery difficult.

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Bitcoin Crypto

Bitcoin Price Falls Below $90,000: Liquidations Mount as Market Responds to Bybit Hack

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  • February 25, 2025
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Bitcoin’s price is down below $90,000, wrapping up its consolidation phase and causing epic liquidations in the crypto market. In the last 24 hours, $1.34 billion of liquidations erased 367,500 traders, with the largest individual order at $20.80 million on Binance. The fall comes in the wake of a security incident at Bybit, which saw the exchange lose about $2 billion worth of BTC from its coffers. Uncertainty in the markets and mounting selling pressure have pushed Bitcoin to a low of $88,200, with analysts issuing warnings that additional losses could send BTC to the $85,000 support point. But in the event that sentiment improves, Bitcoin can try to regain the $100,000 level. KEY LOOKOUTS • BTC drops to $88,200, a steep 4.89% drop and ending its prolonged consolidation, worrying investors. • More than $1.34 billion in liquidations erased 367,500 traders, with the biggest single order of $20.80 million on Binance, boosting selling pressure. • Bybit lost approximately $2 billion in BTC from reserves as a result of a security breach, resulting in increased investor fears and market withdrawals. • Bearish momentum in Bitcoin persists, with RSI approaching oversold levels. Further decline can test $85,000, and a bounce can test $100,000. Bitcoin’s sudden drop below $90,000 has caused enormous liquidations, erasing 367,500 traders and a total of $1.34 billion in losses. The downturn in the market comes after a security hack at Bybit that saw a loss of $2 billion in BTC reserves, instilling uncertainty and investor withdrawals. The largest volume liquidation order of $20.80 million happened on Binance, contributing to the selling wave. With Bitcoin’s drop to $88,200 and its RSI close to oversold, experts indicate that BTC may challenge the $85,000 support level if the bearish trend continues. The price, however, can still rebound and recover towards the $100,000 psychological level. Bitcoin’s price fell below $90,000, initiating $1.34 billion worth of liquidations and eliminating 367,500 traders. A $2 billion BTC loss by Bybit reserves created market uncertainty. If the bearish strength prevails, BTC might challenge $85,000, while a reversal could reach $100,000. • BTC falls to $88,200, putting an end to its extended consolidation period and causing major market volatility. • More than $1.34 billion worth of liquidations erased 367,500 traders in 24 hours, with the single biggest order valued at $20.80 million on Binance. • Bybit lost about $2 billion worth of BTC reserves following a security breach, and this triggered heightened investor withdrawals and market volatility. • The breach and market anxiety prompted a wide sell-off, driving Bitcoin to lower support levels and enhancing downward momentum. • The Relative Strength Index (RSI) on the daily chart is 30, which indicates strong bearish momentum and a possible further price drop. • Experts warn that Bitcoin may test the $85,000 level if the bearish trend persists, fuelling fears of further corrections. • If Bitcoin recovers, it may retest its $100,000 psychological level, so investor sentiment will be the key to what happens next. Bitcoin’s recent decline below $90,000 has caused shockwaves in the cryptocurrency space, spawning across-the-board liquidations and jitters among investors. The unexpected dip follows a security hack at Bybit, where up to $2 billion worth of BTC reserves were stolen, leading the majority of users to withdraw their funds. The incident has raised eyebrows regarding the security of centralized exchanges and the need for self-custodial wallets. The cryptocurrency community is paying close attention to how exchanges react to such incidents, as investor sentiment is important in keeping the market stable.  BITCOIN Daily Price Chart TradingView Prepared by ELLYANA The sell-off has also affected traders, with more than $1.34 billion worth of liquidations taking place within 24 hours, hitting 367,500 traders. Market sentiment has been dented, as fear and uncertainty spread after the Bybit incident. Though Bitcoin has experienced similar declines in the past, the situation now accentuates the increasing difficulty of securing digital assets. In the backdrop, talk of decentralized finance (DeFi) and self-custody is gaining traction as investors look for safer options to safeguard their investments. TECHNICAL ANALYSIS Bitcoin’s recent price action indicates robust bearish momentum, with the price falling below the important psychological level of $90,000. The collapse of this level precipitated massive liquidations, indicating rising selling pressure. The Relative Strength Index (RSI) on the daily chart has fallen to 30, close to oversold levels, which means that BTC may be in need of a short-term rebound. But the inability to stay above the $94,000 support level indicates that Bitcoin may test lower support levels, with $85,000 becoming a key level to monitor. On the positive side, a bounce above $91,500 might be a sign of a reversal but with stubborn resistance at $94,000 and $100,000 that could cap the upside action. Traders are taking keen interest in volume action and market sentiment to determine if Bitcoin will bounce back into its bullish trend or maintain its downside correction. FORECAST Bitcoin’s recent fall below $90,000 is a sign of sustained selling, with prospects of further downward action. The breakdown of the crucial support levels has added bearish momentum, and if BTC cannot hold up above $88,000, it might prolong its correction down to $85,000. Market sentiment is still weak courtesy of the Bybit security breach, which has instilled fear among investors. Also, liquidation figures indicate that investors are selling their positions, which further adds to the negative momentum. If selling persists, Bitcoin could struggle to establish firm support, paving the way for a potential retest of lower levels. Bitcoin has proven to be resilient in the past in bouncing back from market dips. If investors step in and push BTC above $91,500, it can regain its bullish trend, with a possible retest of the $94,000 resistance level. A break above this range could unleash more gains, with the psychological $100,000 level being the next key resistance. Moreover, if RSI stays in oversold levels for a long time, a relief rally may happen, drawing buyers who seek cheap entry points. Institutional demand and overall

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Bitcoin Price Forecast: BTC Grapples with Multi-Month Low Volatility in the Face of FTX Repayments and Market Volatility

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  • February 20, 2025
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Bitcoin price has been ranging between $94,000 and $100,000 over the last two weeks, with volatility reaching multi-month lows, raising the specter of potential liquidation cascades. The recent slide to $93,388 was precipitated by FTX repayments, as the bankrupt exchange started reimbursing clients with account balances below $50,000. A K33 Research report points out that trading volumes, yields, options premiums, and ETF flows have fallen to levels last witnessed prior to the US Presidential election, indicating a risk-averse market sentiment. As Bitcoin grapples with breaking out of its range, analysts caution that a clear move below $94,000 has the potential to drive prices to the psychological $90,000 level, while a breakout above $100,000 could propel a retest of its January highs. Traders are still undecided, with technical indicators reflecting consolidation and indecision in BTC’s direction. KEY LOOKOUTS • A strong break below $94,000 may lead to a fall to $90,000, while a break above $100,000 might propel a bullish run. • Ongoing customer refunds, amounting to as much as $16.5 billion, may impact Bitcoin’s liquidity and sentiment in the weeks ahead. • Low volatility of BTC is a cause for concern of resultant cascades of liquidations, with speculators waiting for a trigger to a large price shift. • RSI at 42 and MACD convergence indicate consolidation, with speculators looking for a decisive directional breakout in the trend of Bitcoin’s prices. The price of Bitcoin is still in narrow consolidation at $94,000 to $100,000 levels, with volatility at multi-month lows, keeping speculators in the dark. The recent fall to $93,388 was prompted by FTX repayments as the exchange started to reimburse clients, impacting market liquidity. A report by K33 Research points to decreasing trading volumes, yields, and ETF flows as indicative of a risk-averse market sentiment. If Bitcoin drops below $94,000, it may test the psychological $90,000 support level, while a break above $100,000 can result in a retest of January highs. With technical signals indicating indecisiveness, traders are waiting for a catalyst for a clear price direction. Bitcoin is range-trading between $94,000 and $100,000 with volatility at multi-month lows, sparking fears of liquidation risks. FTX repayments have affected market liquidity, with traders waiting for a breakout. A fall below $94,000 may drive BTC to $90,000, while breaking above $100,000 might give rise to a bullish rally. • BTC has been range-bound between $94,000 and $100,000 over the last two weeks, failing to break its range. • The recent price drop was spurred by FTX starting repayments, affecting market liquidity and sentiment among traders. • BTC’s volatility has come down to multi-month lows, which is of concern regarding the possibility of liquidation cascades in case a significant move takes place. • The RSI at 42 and MACD convergence suggest there is no distinct momentum, representing uncertainty in the market. • A breakdown below $94,000 can send BTC towards $90,000, and a breakout above $100,000 can induce a rally. • Slumping trading volumes, ETF flows, and yields mean the traders are holding out for a clear directional move. • There is no immediate bullish catalyst in the offing, so BTC’s next big move will rely on external market events. Bitcoin’s market activity has tempered noticeably, with volatility falling to multi-month lows, reflecting a risk-averse trading climate. One of the influencing factors in the market is recent FTX repayments, wherein the exchange has initiated repayment of customers who had claims worth less than $50,000, and higher repayment amounts are to be initiated shortly. This has brought liquidity changes, which have resulted in shifting trader sentiment. Furthermore, a K33 Research report suggests that volumes of trading, ETF flows, and yields have fallen to their lowest level since prior to the previous U.S. Presidential election, an indication of less market participation and skepticism regarding Bitcoin’s next big move. BITCOIN Daily Price Chart TradingView Prepared by ELLYANA The current market stage is marked by indecisiveness, as investors wait for clear indications before making big moves. With moderate leverage in the market, the possibility of instant large-scale liquidations is still low, but the absence of strong momentum indicates that traders are following a wait-and-watch strategy. Market sentiment is still guarded, and there are no imminent drivers for significant price action. The medium- to long-term direction of Bitcoin is still subject to macroeconomic conditions, regulatory changes, and institutional investment, all of which will have their say in the next wave of market action. TECHNICAL ANALYSIS Technical charts show that Bitcoin is in consolidation, with no obvious momentum to break out. The Relative Strength Index (RSI) is around 42, indicating neutral to weakly bearish sentiment since it cannot break above the 50 level. The Moving Average Convergence Divergence (MACD) lines are still tightly entwined, indicating uncertainty among traders. The price has been ranging within a tight band, with support and resistance levels controlling short-term actions. Also, CME futures premiums have fallen below 5%, a historically important level that tends to precede changes in market trends. With the current configuration, traders are watching closely for any breakout above or below the consolidation range, which may determine the next major move for Bitcoin. FORECAST If Bitcoin is able to break above the $100,000 resistance level, it may initiate a new bullish momentum, drawing fresh buying interest. A break above this range could lead to a retest of its January high at $106,012, possibly marking the beginning of a more sustained uptrend. Optimism in the market, institutional inflows, and other general economic drivers like regulatory clarity or ETF-based demand might propel this rally further. Historically, Bitcoin has fared well in more robust basis regimes, so an improvement in trading volume and investor sentiment could keep the momentum on the upside. On the negative side, if Bitcoin cannot sustain the $94,000 support level, it may drop further towards the psychologically important $90,000 level. A breakdown below this level could cause stop-loss selling and intensify selling pressure, resulting in further downward movement. Moreover, low volatility and diminishing trading activity mean that a precipitous

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