Bitcoin (BTC) Needs US Investors Right Now
The post Bitcoin without that flow. Bitcoin not in balance Technically speaking, the price structure of Bitcoin is still dangerously balanced. The 200-day EMA on the chart is where Bitcoin is currently sitting close to $108,000. Following a breakdown last week, it has turned into resistance. The $100,000 area below serves as a technical and psychological magnet; it has previously sparked a number of notable recoveries in 2024. You Might Also Like Volume spikes show that buyers are continuously intervening to counteract sell pressure, confirming that this level is being defended. Perpetuals, or perps, reflect this cautious optimism as well. The low funding rates and continued preference for short positions indicate that the market is hedged but not bearish. To put it another way, the setup is coiled for an abrupt expansion but without the U. S. The breakout spark is still absent despite the return of demand, as evidenced.