Analysis Firm Issues Warning: “If This Doesn’t Happen in Bitcoin, It Could Drop to $90,000”

Cryptocurrency analysis firm Glassnode has published a striking assessment of Bitcoin's recent market ￰0￱ to the report, Bitcoin's price has lost a key risk band by dipping below the 0.95 Cost Basis ￰1￱ noted that this level typically signals profit-taking zones, and argued that regaining the band would signal strength, but otherwise, the price could retreat toward support levels in the $105,000-$90,000 ￰2￱ chart shared by ￰3￱ News: This Altcoin Consistently Sees Unusual Transfers to Arthur Hayes' Wallet from Developers Meanwhile, US spot Bitcoin ETFs have seen slight outflows in recent days after seeing strong inflows in ￰4￱ noted that the overall accumulation trend remains intact, but the slowdown in inflows could signal a temporary pause in institutional demand.

A notable decline also occurred in ￰5￱ the Bitcoin price hovering around $113,000, open interest in futures fell from $44.8 billion to $42.8 ￰6￱ stated that this deleveraging process reduces speculative positions, which could stabilize derivatives markets and reduce the risk of forced liquidations. *This is not investment ￰7￱ Reading: Analysis Firm Issues Warning: “If This Doesn’t Happen in Bitcoin, It Could Drop to $90,000”