Bitcoin Missing Peak Euphoria DESPITE New ATH Past $122K – Reasons and Details!
8 Articles
8 Articles
Altcoins Chase New Highs After Bitcoin Hits $123,000 – #CryptoUpdatesGNIT
Key points: Bitcoin is facing profit booking near $123,000, pointing to a minor consolidation or correction in the near term. Several major altcoins have broken above their overhead resistance levels, indicating the start of a new uptrend. Bitcoin (BTC) started the new week on a strong note, rising above $123,000, but higher levels are witnessing some profit booking. A positive sign is that the bulls are trying to maintain the price above $120,0…
Bitcoin Hits $123K but Capital Inflows Lag Behind 2024 Peak
Bitcoin’s ascent to a new all-time high of approximately $123,000 has sparked a wave of optimism among investors. However, the cryptocurrency market’s inflows tell a different story, one that demands a closer look. Currently, crypto capital inflows stand at $51 billion, a figure that, while substantial, is significantly lower than the peak observed during the December 2024 rally. Source


Bitcoin Hits $123,000—But Inflows Are Just A Fraction Of 2024’s Peak
Bitcoin has set a new all-time high (ATH) around $123,000, but cryptocurrency market inflows are still far from the peak observed back in 2024. Crypto Capital Inflows Are Currently Sitting At $51 Billion As pointed out by analyst Ali Martinez in a new post on X, there is a stark difference in capital participation between the current Bitcoin rally and the one from December 2024. Below is the chart shared by the analyst that compares the two bull…
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