Bitcoin Drop to $100K Likely, but Futures Market Reset Means Dips Won’t Last Long

Bitcoin drop to $100K likely, but futures market reset means dips won’t last long – DG Verifications & Stats

Bitcoin’s chance of falling to $100,000 has increased, but the $3.7 billion open interest wipeout means traders will view dips as buying opportunities. Market Update Key takeaways: Bitcoin price metrics show restrained profit-taking and strong support near $96,000–$104,000. A $3.7 billion open interest drawdown reset an overheated market and preps BTC for a possible rebound. Bitcoin (BTC) is down 4.50% for the week and could revisit the $100,0…

Bitcoin drop to $100K likely, but futures market reset means dips won’t last long

The post Bitcoin drop to $100K likely, but futures market reset means dips won’t last long appeared first on Daily Truth Report • DailyTruthReport.com.

Is it Time for a Deeper Correction? - Invest In Crypto News

Ever since the start of the week, the Bitcoin price has been facing significant bearish pressure as the selling pressure continues to mount over the markets. Moreover, the price dropped below the crucial support in the early trading hours and has failed to reclaim the lost levels, which indicates a tight bearish hold over the token. However, the market sentiments remain largely bullish, which suggests the BTC price could rise after the ongoing c…

Bitcoin Price Displays a Similar Deviation: Is it Time for a Deeper Correction?

The post Bitcoin Price Displays a Similar Deviation: Is it Time for a Deeper Correction? appeared first on Coinpedia Fintech News Ever since the start of the week, the Bitcoin price has been facing significant bearish pressure as the selling pressure continues to mount over the markets. Moreover, the price dropped below the crucial support in the early trading hours and has failed to reclaim the lost levels, which indicates a tight bearish hold …

Bitcoin Slips Below $106K: Rising MVRV and Derivatives Data Hint at Deeper Correction

Bitcoin has dropped below $106,000 after reaching a new all-time high of $112,000. A rising MVRV ratio and bearish derivatives data point to a potential retest of the $100,000 level. Following a spectacular rally to $112,000 last week, Bitcoin has fallen below the $106,000 support zone. This sudden pullback increases the likelihood of a retest of the $100,000 psychological level, as the MVRV ratio approaches a critical resistance zone. Bitcoin P…