š¶ $Bitcoin Eyes $120K? Here's Why Analysts Are Bullish
š BTC Inflows to Binance Plunge
Bitcoin inflows on Binance have dropped to just 5,147 BTC, the lowest in years ā even below bear market levels.
š Less BTC on exchanges = less selling pressure = more bullish potential.
š Key Technicals Point Upward
ā BTC reclaimed the 50-day EMA, a historic breakout signal.
ā Spot CVD is rising, showing strong real-time demand.
ā Analysts expect a potential move to $120,000 if momentum continues.
š Coinbase Stock Nears All-Time High
$COIN is up 42% YTD, reaching a new 52-week high at $369.25 ā just shy of its 2021 record.
š The rally is driven by:
ā Bitcoinās climb past $107K
ā ,Bullish U.S. regulation
ā Strong subscription & stablecoin income
Circleās IPO success and deeper CoinbaseāUSDC ties are further boosting investor confidence. With a market cap of $89.6B, Coinbase remains a top crypto equity play.
#Bitcoin #BTCAnalysis #BinanceAlpha #Coinbase #CryptoMarkets