Key takeaways Pi Network extends losses on Thursday and could dip lower in the near term. The technical outlook for PI is mildly bearish as the short-term support is near $0.1687 Pi Network (PI) is edging lower on Thursday, threatening a potential bearish breakout below the $0.1700 mark. The rise in selling pressure is likely […]
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The post Bitcoin struggles below $80,000 amid institutional withdrawal appeared on BitcoinEthereumNews.com.
Key takeaways Bitcoin has dipped below $80,000 after being rejected by the key 200-day EMA supply zone. US-listed spot ETFs recorded an outflow of $635 million on Wednesday. Bitcoin (BTC) fell below $80,000 on Thursday after failing to overcome a key overhead supply area earlier this week. The pullback is attributed to fading institutional demand, with spot Exchange Traded Funds (ETFs) experiencing significant outflows, as well as a surge in traders’ profit-taking activity, increasing selling pressure on the leading cryptocurrency. Highest single-day ETF outflow in three months signals weakening institutional demand Institutional demand for Bitcoin has weakened, with spot ETFs recording a massive outflow of $635.23 million on Wednesday, the highest single-day withdrawal since the end of January. According to CoinGlass data, this marks the second consecutive day of withdrawals t
Key takeaways Quant (QNT) extends its rally toward $80, supported by rising whale and retail demand. A breakout above the $80 resistance could set the stage for a potential rise toward $100. Quant (QNT) has extended its recent gains towards the $80 mark on Thursday, testing the potential breakout from a long-standing resistance trendline. The […]
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Key takeaways Bitcoin has dipped below $80,000 after being rejected by the key 200-day EMA supply zone. US-listed spot ETFs recorded an outflow of $635 million on Wednesday. Bitcoin (BTC) fell below $80,000 on Thursday after failing to overcome a key overhead supply area earlier this week. The pullback is attributed to fading institutional demand, […]
The post Bitcoin struggles below $80,000 amid institutional withdrawal appeared first on CoinJournal.
Solana price pulled back on Wednesday as bullish momentum weakened near a key Fibonacci resistance zone, while traders monitored signs of a potential bearish MACD crossover on the daily chart. According to data from crypto.news, Solana (SOL) traded near $91…
The supertrend indicator paints a potential bullish breakout for Cardano (ADA). However, the momentum may not materialize, rendering the buy signal invalid. ADA could target highs above $0.40 next, although the $0.25 support remains key. Cardano price has dropped again as broader selling caps the crypto market bounce. ADA is down 3% in the timeframe […]
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DOGEBALL joins top crypto watchlists as investors seek short-term breakout opportunities in 2026. A low entry price means nothing without a real catalyst behind it, and that is exactly why investors keep searching for the best crypto to buy and…
A crypto strategist known for making timely Bitcoin calls is warning that BTC may have a sudden correction after returning to the $70,000 range. The pseudonymous trader Cheds tells his 50,500 YouTube subscribers that Bitcoin is facing strong resistance and may enter a downtrend, unless BTC can flip $85,000 into support. The analyst believes Bitcoin’s […]
The post Veteran Crypto Trader Warns Bitcoin Now Facing Big Resistance, Says BTC Must Breach Key Level To Confirm Bottom appeared first on The Daily Hodl.