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Bitcoin Price Eyes $96.7K as ETF Demand and Spot Volume Rise

News.Bitcoin.com
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Bitcoin Price Eyes $96.7K as ETF Demand and Spot Volume Rise

Bitcoin has pushed above the cost-basis levels that capped its recovery earlier this year, while ETF demand, stronger spot volume, and restrained profit-taking improve the market setup. With a massive quarterly options expiry now passing through the market, the next major onchain resistance sits near $96,700. Bitcoin Price Clears Key Cost Bases as $14B Options […]

Key Takeaways

  1. Bitcoin has pushed above the cost-basis levels that capped its recovery earlier this year, while ETF demand, stronger spot volume, and restrained profit-taking improve the market setup.
  2. With a massive quarterly options expiry now passing through the market, the next major onchain resistance sits near $96,700.
  3. Bitcoin Price Clears Key Cost Bases as $14B Options […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.