Bitcoin’s $90K Dance: Will Bulls Waltz or Waltz Out?

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Bitcoin‘s February blues have everyone on the edge of their seats. Will the bulls pull off a miracle or faceplant into the $90K abyss?

  • It’s like a tense game of tug-of-war, with liquidity piling up on both sides as Bitcoin teeters on a tightrope.

  • US inflation data is incoming, and the Fed’s fave index might just drop a stagflation bombshell. Yay…

  • Gold’s like, “I’ll just keep hitting all-time highs over here,” while the US dollar tries to flip the script after weeks of epic fails.

  • Read more$70 million in 24 hours: Can Ethereum crack $4,000 thanks to whales?

    Bitcoin’s implied volatility is sinking faster than a lead balloon. Historical low, anyone?

  • Market sentiment? Let’s just say it’s not the cheeriest place to be. Network activity’s dropping like flies, and trouble’s brewing.

Bulls and Bears Duke It Out at $90K

Bitcoin’s stuck in a narrow range, thanks to the Bybit hack screwing up last week’s attempted breakout. Fun times.

Read moreBitcoin halving could be a ‘sell-the-news’ event, at least for a few months

But hey, there’s still potential for a push from both sides, if the liquidity conditions on exchange order books are anything to go by.

CrypNuevo’s all, “Liquidations are equal on the downside or upside, but I’m eyeing $94.7k & $92.5k as key levels.”

Meanwhile, Roman’s like, “90k support touch is coming. Get ready for a bumpy ride.”

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Luca’s keeping an eye on Bitcoin’s bull market support band. Will it hold up or crumble?

Luca’s thinking low funding rates and poor sentiment might just push Bitcoin back up. Fingers crossed!

Stagflation Fears Heat Up

Markets are holding their breath for the PCE Index, the Fed’s “preferred” inflation gauge. Will it confirm stagflation fears?

Despite stagflation worries, history shows it’s not always a death sentence for the stock market. Who knew?

But don’t hold your breath for interest rate cuts. The Fed’s playing hard to get.

Gold Shines On

Gold’s like the cool kid who doesn’t care about economic uncertainty. All-time highs, baby!

The US dollar index is trying to turn things around after a lengthy downtrend. Will it succeed?

Gold and the S&P 500 are like BFFs now, both ripping it up. What’s up with that?

Bitcoin’s Volatility Takes a Dive

Bitcoin’s trading range has volatility metrics looking like they’ve had one too many. Record lows, anyone?

Read More

2025-02-24 11:58