New rallys that come to the BTC rocket? Bitcoin 9. August

Gold verified the historical summit for $ 3,534 per ounce, reinforced by new customs taxes by Donald Trump. Therefore, active reference refuge benefits from the trade war between China and the USA. The Bitcoin course is trying to return to ATH for $ 123,000. And according to the Glassnod indicator, an increase in $ 126,000 cannot be excluded. Does the king of cryptocurren still have the support of institutional actors on the ETF? We go to details in the voting of 9 August. Let’s!

Towards the return of essential ETF items in cash from Bitcoins?

Between April and July Applications were important On the ETF in bitcoin cash. And this application largely contributed to the transition of bitcoins for Round psychological figure $ 120,000. However, at the end of July they recorded the ETF lower incoming flows ::

After a 65 % increase Since April it is quite logical to see that Institutional actors take advantage of benefits. The ETF knew Four days in a row of capital tripsA negative series that has not occurred since April. But still exists and Improvement for several days. We will be back significant items On ETS in cash? It would be better because otherwise the price of bitcoins could Head for $ 100,000, or even $ 90,000.

Bitcoin bull potential is still important

Bitcoin course has almost increased 700 % from the beginning of the cycle. And after so much increase, Holders have long decided to earn profits. But even though the Bitcoins course has progressed well since 2022, and indicator Bitcoin Magazine Pro indicates that BTC has before reaching and overheating equivalent Bull market ::

This indicator called All the indicatoris made of Several data on the string (MVRV Z-Score, Puell More, Sopr, etc.). He also takes into account M2rate cashintegrateThe impact of global liquidity To the king of cryptocurrencies. This indicator correctly identified Tops and DNA since 2014And that’s still far from the critical zone in red.

BTC reflects between mobile media (EMA 9/EMA 18) housing

The Bitcoins course draws and Continuing cavities and ascending peaks In a unit of time three days since April. PUSH Dynamics is upstairsand Mobile Averages (EMA 9/EMA 18) Housing Leave BTC bounce. Actually the course has just found out Buyers around these mobile diameters ::

If these mobile diameters generate bounceKing of cryptocurrency has the opportunity prosecute. And stay in dynamic inspection by buyers, the course will have to achieve exceed ATH to $ 123,200. Despite everything, An area around $ 120,000 could refuse course, and if BTC fell, could return to Support for $ 104,000. The RSI progresses Since April but remains stuck Under the trend line Downstream. However, a break in a trend line could lead Bull’s Brup volatility.

Has the BTC completed its repair? Nothing certain, but the course was reflected around mobile diameters (EMA 9/EMA 18). In parallel, the Bitcoin Magazine Pro indicator suggests that Bitcoin’s bull is not yet completed. BTC shows ascending dynamics and could take advantage of good news that continues to fall to the side of the United States.

Bitcoin messages that count

• If Bitcoin completes his repair, he could get $ 126,000. Otherwise, the course could achieve an average purchase price of short -term holders located at $ 106,000.