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Bitcoin ETF inflows explode $970 mln: Will BTC ride this wave to more gains?
Institutional inflows spike, but weakening fundamentals raise questions about Bitcoin’s short-term strength.

AMB Crypto 2025-06-14 06:00
Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000
Brewing tensions between Israel and Iran have triggered global de-risking across risk-on assets, including Bitcoin (BTC). The top cryptocurrency by market cap is down 1.7% over the past 24 hours. That said, technical indicators still point toward a potential new all-time high (ATH) for BTC in the coming months. Bitcoin Tracing The ABCD Pattern According to a recent post on X by crypto analyst Titan of Crypto, BTC appears to be following the ABCD pattern. The analyst noted that Bitcoin is currently trading within a wedge formation and could target as high as $137,000 if it breaks out. For the uninitiated, the ABCD pattern is a classic chart setup with four points and three legs – AB, BC, and CD – where AB and CD are typically equal in length, and BC serves as the retracement. It helps identify potential reversal zones and signals when a price move may be losing momentum. Related Reading: Bitcoin Sees Negative Funding On Binance – A Classic Setup For A Short Squeeze? Several other technical indicators also point to a potential new ATH for BTC. For instance, crypto analyst Crypto Caesar shared the following 4-hour Bitcoin chart highlighting a bullish double bottom pattern that suggests BTC is primed for recovery. Fellow crypto commentator Jelle identified a cup and handle pattern on the daily BTC chart. Jelle shared the following chart showing that BTC has already formed the “cup” and is now beginning to shape the “handle,” which typically precedes a sharp upward move. Meanwhile, crypto trader Merlijn the Trader pointed to the Hash Ribbons – an on-chain indicator historically associated with major rallies. Merlijn shared the following BTC daily chart, noting that the last four appearances of this signal preceded strong Bitcoin uptrends. To explain, Hash Ribbons is an on-chain indicator that uses Bitcoin’s 30-day and 60-day hash rate moving averages (MA) to spot miner capitulation and recovery. A bullish signal appears when the short-term average crosses above the long-term one. Are BTC Bears Regaining Ground? Although BTC remains above the psychologically important $100,000 mark, some concerning signs are beginning to emerge. The cryptocurrency was recently rejected from the $110,000 resistance level again, giving bears temporary control. Related Reading: Bitcoin’s Most Reliable Signal Just Flashed—Next Stop: $170,000 Similarly, on-chain data shows that long-term holders are beginning to exit the Bitcoin market which retail investors are starting to join in. Such dynamics are typically observed during the late phase of a bull cycle. In parallel, short-term holders are showing signs of declining confidence in BTC, as reflected in recent on-chain activity. At the time of writing, BTC trades at $105,568, down 1.7% over the past 24 hours. Featured image with Unsplash, charts from X and TradingView.com

NewsBTC 2025-06-14 05:30
Trump Media & Technology Group Secures SEC Approval for $2.3B Bitcoin-Backed Equity and Debt Registration
Trump Media & Technology Group (DJT) recently secured a significant regulatory milestone as the SEC approved the effectiveness of its S-3 registration statement. This approval enables DJT to register the

CoinOtag 2025-06-14 05:16
Invesco Galaxy Registers Solana ETF in Delaware, Signaling Potential SEC Filing and Institutional Interest
Invesco Galaxy’s registration of a Solana ETF in Delaware marks a critical milestone toward SEC approval, signaling growing institutional interest in Solana and altcoins. This move is expected to enhance

CoinOtag 2025-06-14 05:00
Brazilian Fintech Méliuz Raises $32.5M to Potentially Expand Bitcoin Holdings Amid Corporate Adoption Trends
Brazilian fintech leader Méliuz has raised $32.5 million to expand its Bitcoin (BTC) holdings, signaling a strong corporate commitment to cryptocurrency investment. This capital raise highlights the growing trend of

CoinOtag 2025-06-14 04:52
Trump Media Announces SEC Declares Bitcoin Treasury Filing Effective
Trump Media is unleashing a groundbreaking bitcoin treasury arsenal with SEC clearance, fueling an aggressive multi-billion-dollar expansion across fintech, media, and decentralized finance dominance. Trump Media’s Bitcoin Treasury Deal Turns Real as SEC Declares Filing Effective Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) announced June 13 that the U.S. Securities and Exchange

Bitcoin.com 2025-06-14 04:45
A Rare Bitcoin Signal Is Flashing: Could the Bull Run Just Be Getting Started?
Bitcoin’s market price has experienced renewed downward pressure, falling to just under $106,000 in the last 24 hours. This marks a 1.8% dip over the past day and places the asset approximately 6% below its all-time high of over $111,000 reached last month. While the correction is not severe compared to historical volatility, it highlights ongoing uncertainty in the market as BTC consolidates near record highs without sustained upward momentum. One metric drawing attention amid this price movement is the Puell Multiple, a tool used to evaluate whether Bitcoin is overvalued or undervalued relative to miner income. Related Reading: Bitcoin’s Most Reliable Signal Just Flashed—Next Stop: $170,000 Bitcoin Puell Multiple Suggests Miner Revenues Have Yet to Catch Up CryptoQuant analyst Gaah highlighted that while prices recently surged above $108,000, the Puell Multiple remains below 1.40, a level typically associated with discounted or non-euphoric market phases. This decoupling between BTC price and miner revenue offers insight into how recent gains may be more demand-driven than organically supported by on-chain mining fundamentals. The Puell Multiple measures the daily issuance of BTC in USD terms relative to its 365-day moving average. Historically, readings below 1.0 are seen during market bottoms or accumulation phases, indicating undervaluation. Gaah points out that current readings hovering around 1.40 suggest miner profitability is still lagging, even as the asset trades near historic highs. This pattern contrasts with previous bull cycles where high prices were often accompanied by elevated miner earnings, driven by both network activity and block rewards. This disparity may be due in part to the April 2024 Bitcoin halving event, which reduced block rewards from 6.25 BTC to 3.125 BTC per block. While halving events typically drive price appreciation through reduced supply, they simultaneously put downward pressure on miner revenue. In this case, despite a climb in market price, the halving’s impact continues to suppress income for miners, implying that the price increase has not yet been accompanied by the kind of broader economic expansion that would traditionally drive a full-fledged bull market. Potential for Continued Growth as Institutional Forces Drive Demand Gaah also points to the possibility that external factors may be playing a more dominant role in driving recent price action. These include increasing institutional inflows through spot Bitcoin ETFs, as well as a tighter circulating supply as long-term holders reduce active selling. These forces could be supporting price without necessarily boosting miner profitability in the short term, especially if the uptick is concentrated in secondary market demand rather than new BTC issuance. The current environment may signal a unique window for participants analyzing Bitcoin’s valuation. A high market price combined with conservative fundamentals suggests the market is not yet in a speculative excess phase. Related Reading: Bitcoin Bears Back In Control After $110,000 Rejection, What Comes Next? If miner revenues eventually rise in line with growing demand, driven by either increased transaction fees or broader network usage, it could support further upside. As such, both technical and fundamental indicators may continue to evolve in the coming months, offering a clearer view of whether the current cycle has more room to run. Featured image created with DALL-E, Chart from TradingView

NewsBTC 2025-06-14 04:00
Spot Solana ETF Filings Include Staking Language, Approval Timing Remains Uncertain
Seven firms have recently submitted S-1 filings for spot Solana ETFs, marking a significant step in the evolving crypto ETF landscape with a focus on staking features. Despite the filings,

CoinOtag 2025-06-14 03:54
Bitcoin Liquidity May Shift to Non-KYC Exchanges Amid Declining U.S. Reserves and Privacy Concerns
The migration of Bitcoin liquidity from U.S.-based exchanges to non-KYC platforms marks a pivotal shift in the cryptocurrency market landscape, driven by increasing regulatory scrutiny and privacy concerns. As U.S.

CoinOtag 2025-06-14 03:21
Ethereum’s Pectra Upgrade May Present Buying Opportunities Amid Market Optimism and ETF Inflows
Ethereum’s Pectra upgrade in May 2025 marks a significant milestone by doubling Layer-2 blob space and increasing validator deposit limits, enhancing network scalability and efficiency. This upgrade has triggered renewed

CoinOtag 2025-06-14 02:49
XRP Has A 70% Shot To Beat Bitcoin, Says Analyst
A fresh XRP/BTC chart released on 12 June by the market technician known as Dr. Cat has injected new controversy into one of crypto’s most stubborn trading pairs. The analyst, posting to X, argues that despite a bruising six-week slide, conditions still favour an eventual breakout for XRP that would leave Bitcoin lagging. He assigns the scenario a formidable 70 percent probability. XRP Vs. Bitcoin: 70% Chance Of Breakout, But When? At the heart of Dr. Cat’s thesis is the 2,041-satoshi level, where three separate Ichimoku timeframes—monthly, bi-monthly and tri-monthly—intersect. “The price keeps eating support after support with no reaction from bulls at all as if supports don’t exist,” he concedes, but he stresses that this specific shelf is “the most important support.” Related Reading: XRP Could Crash To $1.55 Before Explosive Surge, Analyst Warns Candles on the attached one-month chart already hover fractionally below the line; a decisive monthly close beneath it, he warns, would flip the three-day structure fully bearish and scatter the pair into unpredictable, possibly chaotic ranges. Even so, the strategist insists history is on the side of XRP bulls. “Price has spent years performing very well and coiling up with higher lows for this attack now,” he writes, framing the past twelve quarters as a prolonged accumulation that has never surrendered its series of macro higher lows. That coiling, he believes, will allow XRP to mount at least a “minor … attack in August” toward the 3,000-satoshi region—roughly a 45 percent appreciation from current levels—and perhaps fuel a “much bigger attack” once the broader market cycle matures. Related Reading: XRP Price Forms Flag Pattern Above Accumulation Zone That Points To $5 Target The optimism is not unqualified. Dr. Cat calculates a 30 percent chance of a complete flop if 2,041 sats fails on a monthly-close basis. Under that bearish branch, the cross could slice toward 1,800 – 1,900 sats, attempt a feeble rebound, or continue a “slow bleed all the way down to the bottom of the range where it started the monster move.” In such a setback, he would not expect the long-anticipated “monster bullish move” until Q4 2025 at the earliest. For the moment, therefore, the market hangs on a single number. Hold above 2,041 and Dr. Cat sees a clear shot at outperforming Bitcoin—first modestly, then dramatically. Slip beneath it, and the road map dissolves into what he bluntly calls an “unpredictable/choppy” expanse. Either way, XRP traders now know exactly where the cycle’s pivot resides and precisely how thin the margin for error has become. At press time, XRP traded at $2.1287. Featured image created with DALL.E, chart from TradingView.com

NewsBTC 2025-06-14 02:30
Bitcoin’s Price Aspiration: Evaluations Drive Predictions
Market analysts employ models to forecast potential upper price levels for Bitcoin. Terminal Price and Delta Top models predict cycle peaks using on-chain data. Continue Reading: Bitcoin’s Price Aspiration: Evaluations Drive Predictions The post Bitcoin’s Price Aspiration: Evaluations Drive Predictions appeared first on COINTURK NEWS .

CoinTurk News 2025-06-14 02:05

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