Bitcoin seems to stabilize
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The bitcoin price crashed into the $75,000 range, breaking below key technical support levels as heavy selling pressure swept through the market.
According to SoSoValue data, US spot Bitcoin ETFs recorded total net inflows of $6.84 million on January 26, ending a five-day streak of net outflows. The inflows pale in comparison to what the market has seen in previous cycles, but suggest capital flight could soon wane.
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Bitcoin price is at a volatility floor seen only 1% of the time — why you shouldn’t ignore this coiled spring warning
Bitcoin’s 30-day realized volatility has fallen to the 1st percentile of its entire history, a condition that has preceded every relevant price move in the past. This level of compression represents a “coiled spring” setup, where suppressed price ...
The bitcoin price continued to swing around the $90,000 level during thin holiday trading, rising and falling in sharp moves that lacked any volume needed for a sustained breakout. The world’s largest cryptocurrency rose about 2.6% during low-liquidity ...