
Tags: BTC
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Friday has arrived again, and that means another batch of Bitcoin and Ethereum options are due to expire, while spot markets remain mostly sideways.
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BTC just charted a new multi-month peak.
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CryptoQuant’s analysis reveals three potential paths: a $175K surge, $90K-$110K consolidation, or a $70K-$85K correction.
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Bitcoin exchange balances are falling, which is usually a signal of self-custody or accumulation, but spot prices appear to have stalled.
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BTC is close to $100,000, but that target seems further away as consolidation phase has begun.
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IBIT was the only BTC ETF yesterday in the green, but what a green it was.
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