Bitcoin Hits $84K Despite Rising Yields and Economic Risks
Sustained ETF inflows and a break above the 50-week moving average are strengthening the bullish case, even as high yields and crypto-specific shocks remain risks.
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Sustained ETF inflows and a break above the 50-week moving average are strengthening the bullish case, even as high yields and crypto-specific shocks remain risks.
Forced buying is turning months of crowded bearish positioning into momentum, making the $82K to $86K zone the key test for whether the move can extend.
The concentration of losses in TUT shows how quickly a single altcoin move can pressure bearish positioning.
Gains are still concentrated in a handful of mid- and small-cap names, but a positive monthly print after a long losing streak is the first mechanical signal that breadth may be turning.
Altcoin momentum is building in a measurable way: the 30-day trading volume average has crossed above the yearly…