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coinpedia 2025-02-17 06:50:13

Bitcoin Price Struggles with Bearish Signals: Could $92K Be the Next Stop?

The post Bitcoin Price Struggles with Bearish Signals: Could $92K Be the Next Stop? appeared first on Coinpedia Fintech News Bitcoin has been moving sideways, slipping 1.7% in the last 24 hours. But what’s more concerning is a warning from CryptoQuants analyst Maartunn as the Inter-Exchange Flow Pulse (IFP) has turned negative, hinting that traders might be losing confidence. If selling pressure picks up, Bitcoin could tumble all the way to $92,000. Bitcoin Key Indicator Turned Negative The Inter-Exchange Flow Pulse (IFP) tracks Bitcoin movement between spot and derivative exchanges. When Bitcoin flows out of derivative exchanges and into spot markets, it suggests that traders are closing long positions and becoming more cautious. As per Maartunn analysis the IFP has now turned negative, which means Bitcoin is leaving derivative exchanges at a higher rate. This suggests that traders may no longer be confident in the market’s upward momentum. https://twitter.com/cryptoquant_com/status/1891319234858246593 When this happens, Bitcoin’s price can face downward pressure, as traders move away from high-risk bets. Historically, similar patterns have led to market slowdowns or even corrections. If this trend continues, Bitcoin could enter a phase of lower volatility or even a deeper correction. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Metaplanet Boosts Bitcoin Holdings to $159M Amid Japan’s Economic Struggles , Bitcoin Stuck Below $97K? Bitcoin has been struggling to break past $98.8k facing repeated rejection despite holding above $95k. After hitting a high of $98.8k BTC lost momentum, slipping below key support levels at $97k and $96k. Adding to the concern, a bullish trend line at $97,500 has been broken, and Bitcoin is now trading around $96,100, sitting below the 100-hourly simple moving average a sign that sellers are gaining control. If BTC can’t reclaim $97,000, a deeper decline may be on the horizon which will lead to next critical $92,200 support zone. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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Bitcoin is down due to a negative Inter-Exchange Flow Pulse, signaling loss of confidence and increasing selling pressure. How much will 1 Bitcoin be worth in 2030? With increased adoption, the price of 1 Bitcoin could reach a height of $610,646 in 2030. How much would the price of Bitcoin be in 2040? As per our latest BTC price analysis, the Bitcoin could reach a maximum price of $5,148,828. How much will the Bitcoin price be in 2050? By 2050, a single BTC price could go as high as $12,436,545.

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