Bitcoin Faces $1 Billion Exchange Inflow Amid Bearish Technical Signals
Bitcoin is experiencing downward pressure as over 10,000 BTC, valued near $1 billion, moved to exchanges within 72 hours, data show. The cryptocurrency trades around $95,498, down nearly 1% in 24 hours and approximately 10% weekly. Technical indicators including the weekly Supertrend have turned bearish for the first time in nearly three years.