The post Bitcoin Risks 7% Dip to $72K as BTC Demand Weakens and Bears Return appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) has fallen 6.5% from its recent high above $82,000, as a bearish technical structure, weakening demand, and increasing sell pressure now point to the risk of further losses ahead. Key takeaways: BTC price risks a drop toward $72,000 as bearish momentum strengthens on higher time frames. Binance BTC inflows tripled in under two weeks, signaling rising sell pressure and weaker investor confidence in the market. Bitcoin’s apparent demand fell to 2026 lows, raising risks of deeper losses if spot demand fails to recover in the coming weeks. Bitcoin bears eye BTC price drop to $72,000 Bitcoin’s failure to hold above key support levels suggested buyers were unable to sustain the upward momentum. “$BTC has officially lost the 100 & 50d EMA,” analyst CryptoJelleNL said in a recent post on X, adding: “The local market structure is back to bearish.” “Bitcoin lost its bu
The post Bitcoin: volatility at its lowest in the last nine months appeared on BitcoinEthereumNews.com.
The implied volatility of the price of Bitcoin has reached its lowest level in the last nine months. After shooting up in February, during the crash that brought the price of BTC down to $60,000, it began a long process of easing that seems to still be underway. This goes hand in hand with the loss of interest from retail investors. Bitcoin volatility There is an index, called BVIV, that specifically measures the implied volatility of the price of Bitcoin. It is essentially the equivalent of the VIX, which measures the volatility of the S&P 500 stock market, applied to Bitcoin. In particular, it reflects the market’s expectations of Bitcoin’s future volatility over the next 30 days, calculated from BTC options prices. When the value of the BVIV index is high, it means that the market is pricing in strong future price movements in both directions, that is, uncertainty or fear. Whe
Bitcoin’s recent price action suggests the market is approaching an important decision zone where multiple technical and on-chain support levels converge. This raises the possibility of a short-term bullish reaction before the market determines its next larger directional move. The behavior around the $74K-$75K support and deeper demand regions will likely shape Bitcoin’s medium-term outlook. […]
The Bhutanese government is shifting a portion of its Bitcoin (BTC) holdings to a different wallet. The crypto de-anonymizing platform Arkham notes that Bhutan’s government recently moved $7 million worth of BTC to a Segregated Witness (SegWit) address. Arkham says the move could indicate a potential transfer or sale. “Bhutan will periodically move small amounts […]
The post Bhutan Government Moves $7,000,000 Worth of Bitcoin (BTC), Suggesting Possible Sale: Arkham appeared first on The Daily Hodl.
The $BTC price has fallen through the mid-point of its bear flag and it looks to all intents and purposes that the price is going to head down to the bottom of the flag. Is there anything that can stop this slide from happening?
