-
BTC/USD: Bearish Outlook as Pennant Pattern Forms
Bitcoin price remained under pressure this week, continuing a downtrend that started in October when it soared to a record high of $126,200. The BTC/USD pair was trading at 64,000 on Wednesday, a few points above this week’s low of 62,915. Bitcoin Retreats as Key Metrics Drop The BTC/USD pair retreated as investors as demand waned. Data compiled by SoSoValue shows that demand for Bitcoin ETFs continued waning this month. The outflows stand at over $1.2 billion this month, continuing a trend that started in November. It shed over $3.4 billion in November, $1.09 billion in December, and $1.61 billion in January this ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From forex.com | Feb 25, 2026
Bitcoin is attempting to stabilize after one of its most aggressive drawdowns in recent years, with price surging more than 11.2% off the February low close. The rebound takes BTC/USD back toward pivotal resistance and while momentum has improved, the broader trend remains under pressure unless buyers can force a sustained move through this ceiling. The ...
From cointelegraph.com | Feb 25, 2026
Bitcoin bulls purchased Tuesday’s dip and are attempting to sustain the price above $69,000 on Wednesday. According to SoSoValue data, BTC exchange-traded funds recorded net inflows of $257.7 million on Tuesday, the largest inflows since Feb. 6. That suggests investors are viewing the dips near $60,000 as a buying opportunity. Santiment said in a post on X ...
From cointelegraph.com | Feb 25, 2026
Solana’s SOL has rallied 10% over the past 24 hours, rising to an intraday high of $86 on Wednesday. The recovery was accompanied by a leap in futures activity, with SOL’s open interest rising by more than 5% to $5.27 billion. Analysts are now focusing on the short-term technical setup and fundamental indicators that may signal a major turning point for ...
