Data suggests $100,000 could be the current accumulation range for Bitcoin traders.

Key takeaways:  Bitcoin’s monthly outflow/inflow ratio has dropped to 0.9, signaling renewed long-term confidence and accumulation. Despite aggressive short-side pressure on Binance derivatives, BTC has remained in a tight range between $100,000 and $110,000. Over 19,400 BTC were moved into institutional wallets, indicating strategic positioning by long-term holders. After breaking above the $100,000 level on…

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Data suggests $100,000 could be the current accumulation range for Bitcoin traders.

Key takeaways:  Bitcoin’s monthly outflow/inflow ratio has dropped to 0.9, signaling renewed long-term confidence and accumulation. Despite aggressive short-side pressure on Binance derivatives, BTC has remained in a tight range between $100,000 and $110,000. Over 19,400 BTC were moved into institutional wallets, indicating strategic positioning by long-term holders. After breaking above the $100,000 level on…

Read More

Data suggests $100,000 could be the current accumulation range for Bitcoin traders.

Key takeaways:  Bitcoin’s monthly outflow/inflow ratio has dropped to 0.9, signaling renewed long-term confidence and accumulation. Despite aggressive short-side pressure on Binance derivatives, BTC has remained in a tight range between $100,000 and $110,000. Over 19,400 BTC were moved into institutional wallets, indicating strategic positioning by long-term holders. After breaking above the $100,000 level on…

Read More

What Happened In Crypto Today

Today in crypto, a Japanese CEO will take his salary in Bitcoin to align with shareholders as the firm adopts a BTC treasury strategy. Metaplanet plans to use its Bitcoin reserves to buy cash-generating businesses, while Coinbase’s lobbying arm is pushing lawmakers to fast-track the CLARITY Act, which would give the Commodity Futures Trading Commission…

Read More

What Happened In Crypto Today

Today in crypto, a Japanese CEO will take his salary in Bitcoin to align with shareholders as the firm adopts a BTC treasury strategy. Metaplanet plans to use its Bitcoin reserves to buy cash-generating businesses, while Coinbase’s lobbying arm is pushing lawmakers to fast-track the CLARITY Act, which would give the Commodity Futures Trading Commission…

Read More

What Happened In Crypto Today

Today in crypto, a Japanese CEO will take his salary in Bitcoin to align with shareholders as the firm adopts a BTC treasury strategy. Metaplanet plans to use its Bitcoin reserves to buy cash-generating businesses, while Coinbase’s lobbying arm is pushing lawmakers to fast-track the CLARITY Act, which would give the Commodity Futures Trading Commission…

Read More