The available research report describes recent weakness, citing rising Treasury yields, exchange inflows, and reduced spot-BTC ETF inflows as pressure points.
It also notes supporting factors such as corporate BTC purchases and broader banking adoption.
Short-term indicators in that report showed a rejection near $86.6K and bearish momentum, but this does not reliably predict the next move
It also notes supporting factors such as corporate BTC purchases and broader banking adoption.
Short-term indicators in that report showed a rejection near $86.6K and bearish momentum, but this does not reliably predict the next move