Bitcoin
Why Bitcoin is up 1.2% in the last hour
Analysis
Bitcoin rose 1.2% over the last hour as traders reacted to ETF-flow-driven narratives and technical positioning, with Cointelegraph highlighting expectations that BTC could move to “fill” the $84K futures gap after rejecting around the prior 2021 peak. Cointelegraph also noted BTC’s rebound toward $71.5K following a historic sell-off, which likely supported short-term dip-buying even as derivatives indicators remained soft.
Contributing Factors (3)
Bitcoin to fill $84K futures gap 'very soon' as BTC rejects above 2021 top
Bitcoin market participants diverged on the short-term BTC price outlook, with warnings of new macro lows contrasting with $84,000 targets.
Bitcoin rallies to $71.5K after historic sell-off, but derivatives metrics remain soft
Bitcoin price soared back above $71,000 but BTC options data shows pro traders are still extremely cautious about the sustainability of the rebound rally. Is the sell-off really over?
Bitcoin Whale Inflows To Binance Hit Highest Level Since 2022: Distribution Or Repositioning?
Bitcoin is struggling to stabilize around the $65K level as persistent selling pressure continues to weigh on market sentiment. The recent decline has reinforced uncertainty among investors, with vola...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.