Onchain data shows that retail investors are not buying Bitcoin, but analysts say they’ve shifted into buying the spot ETFs.
A bullish pattern on the DOGE chart points to a potential price recovery to $0.25.
Bitcoin price rally stalls at $110,000 after strong US employment data, with big overhead resistance at $112,000 and several key support levels below.
Bitcoin charts show bearish divergences across multiple time frames, a hint that price rallies above $110,000 could be a trap.
XRP could rally to $2.65 as a bullish trading pattern, and investors’ excitement over Ripple Labs’ US banking license application boosts interest in the altcoin.
Growth in companies adding to their ETH treasuries and the acceleration of Ethereum adoption in TradFi could send Ether price to $2,800.
Bitcoin bulls will have to maintain the price above $109,000 to enhance the prospects of a breakout to a new all-time high above $111,980.
XRP’s price breaks out of a “pennant” with a profit target of around $3.20 amid increasing futures open interest.
A large cluster of potential short liquidations near $111,320 could trigger a squeeze to accelerate Bitcoin’s next leg higher into price discovery.
The absence of new buyers and FOMO-driven greed are key factors that could keep Bitcoin price pinned below $112,000 longer than many think.