Bitcoin (BTC) price retreats on Monday after reaching a new all-time high (ATH) of $106,648 in the early Asian session.
Bitcoin price reaches a new all-time high of $106,648 on Monday but retreats afterward. The US Fed eral Reserve is widely expected to cut interest rates on Wednesday, but the outlook for 2025 is uncertain. US Bitcoin Spot ETFs recorded a total inflow of $2.17 billion last week, in a sign of continued strong demand. Technical indicators show signs of early bearish divergence in RSI and AO, suggesting weakness in bullish momentum.
“I think now it's starting to impact debt financing; equity financing is starting to impact how everything from individuals to corporates to countries think about their future and how they think about, you know, raising money, how they think about their treasuries,” Darius explain Darius said the signs the traders should watch for are “One possibly volatile possible downside from deleveraging but at the same time increasing influence and increasing impact that it's having with real...
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