Trump’s administration wishes to accumulate maximum BTC, even consider a strategic reserve financed by reassessment of gold certificates. This approach provokes a debate on economic and budget consequences. In parallel, the price of Bitcoins dropped so much that the operators have noticed losses for the first time since October 2024. ETFs attract investors again? The course is in an area where buyers could regain control according to certain chain data. Consider the inventory of the situation of the King of the Cryptocurrency in the Bulletin of the Day!
Bitcoin ETF has seen trips since the beginning of February
In 2024 they recorded a bitcoin ETF in cash Two periods with considerable incoming flows ::
- At the beginning of the year (January to March) during Starting the ETF
- At the end of the year (October to December) withD. Trump’s choice and the prospect Strategic reserve BTC
But since the beginning of 2025 Items are rare ::
About a month wasn’t there Almost just trips To ETF. And records have since February 4 did not exceed $ 200 million. Interest in ETF and therefore bitcoins is the lowest, exists Never had so many trips In the young story of Bitcoin ETF in cash. And be able to hope for a new increase in BTC, it will probably be necessary find items on these investment vehicles.
Bitcoin back in an area where buyers can regain their hands
The course of bitcoins means Break Or will enter into New bear market ? It’s hard to say but Loss of price from short -term holders (blue) placed around $ 92,000 generated volatility down ::
During the summer of 2024, Loss of a blue curve gave rise and fall around the lower strip of the indicator de Glassnode (yellow). And if history is repeated, the course could a decline around $ 70,000. In spite of all, it is interesting to note that the course of bitcoins has tendency to recover between the blue curve and the yellow curve since the beginning of 2023. BTC could therefore potentially find a The bottom between $ 92,000 and $ 70,000.
But be able to hope you va Back for $ 100,000 And why nor AthWe will have to arrive Continue the blue curve as support. The $ 92,000 They are therefore relatively important for the king of Kryptos.
Continue $ 92,000 or return to $ 70,000 on the BTC course
Because the course has Range between $ 92,000 and $ 104,000Bitcoin is va complicated situation. Really, Sellers have their handsand if the course blocks against a mobile average of 9 and 18 horses, a New autumn to support $ 70,000 cannot be excluded ::
For Avoid this scenario of reducingit will be necessary Transform $ 92,000 as support. In this case, however, the course could even Find $ 104,000. Will BTC succeed in recovery? In addition Momentum (RSI) remains controlled by sellers in 3 days.
The remaining below $ 92,000 can experience the BTC price. And it could lead BTC to $ 70,000. In addition, demand is obviously missing in ETF in cash from Bitcoins. Despite the fall of King Kryptos, Cathie Wood is optimistic about the future of the first cryptocurrency capitalization.