Bitcoin News
By Pankaj K
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TD Sequential Flashes Buy Signal. On August 4, BTC regained the lower boundary of its Descending Channel—a technical structure it…
2 / 15
Trading Volume Slips but Structure Holds. At the time of writing, Bitcoin was trading near $114,700, marking a 0.
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Can BTC Rally 3.3% Toward $118K?. Technical analysts at AMBCrypto suggest that if BTC holds above $114,000, it could rally toward…
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Long Positions Build on Binance. According to crypto analyst Ali Martinez, the same TD Sequential setup confirms a potential trend…
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$18.84M in Bitcoin Pulled from Exchanges. Supporting the bullish argument is the significant exchange outflow.
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Institutions Join the Accumulation. Further evidence of investor confidence came from institutional activity.
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Final Thoughts. The combination of a technical buy signal, long-position bias, and significant exchange outflows…
8 / 15
Bitcoin [BTC] is once again showing signs of resilience. After briefly dipping below $114,000, the asset reclaimed support near $113.
9 / 15
Data from CoinGlass and market charts now point to a potential bounce scenario—highlighted by rising long positions and nearly $19 million worth of BTC flowing out of exchanges…
10 / 15
A nine-count formation and bounce from the $113.5K zone added strength to the signal. Historically, such patterns have preceded short-term rallies, especially when combined with…
11 / 15
At the time of writing, Bitcoin was trading near $114,700, marking a 0.89% gain over the previous 24 hours. However, 24-hour trading volume slipped 14%, down to $49.
12 / 15
Despite lower volume, BTC’s chart pattern revealed a bullish inverted Head and Shoulders near the channel base.
13 / 15
Technical analysts at AMBCrypto suggest that if BTC holds above $114,000, it could rally toward $118,000—a projected 3.3% move from current levels.
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The idea is further supported by TradingView’s breakout analysis, which points to the same price zone as a likely target if buyers continue stepping in.
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However, the Supertrend Indicator tells a mixed story. On the 4-hour timeframe, it still appears bearish (red and above price), while on the 1-hour chart, it’s flipped bullish…
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