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  • 8 months ago
Bitcoin moved back above $92,000 as ETF inflows picked up and crypto sentiment improved, though traders warned the rebound needs confirmation above key resistance to avoid a dead-cat bounce, according to Benzinga.

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00:00It's Benzinga bringing Wall Street to Main Street
00:02Bitcoin traded back above $92,000 as the Crypto Fear and Greed Index returned to neutral,
00:08according to Benzinga. Bitcoin ETFs recorded $471.1 million in net inflows on Friday,
00:15while Ethereum ETFs saw $174.4 million. TraderPosti XBT said the recent pullback
00:22fits a typical bull market correction, but flag weak follow-through and uncertainty
00:26around the four-year cycle. He said Bitcoin must reclaim the $98,000 to $100,000 range for
00:33stronger confirmation and warn the move could still be a dead cat bounce. TraderGel cited a
00:38bullish divergence, an MACD cross on Bitcoin. Analyst Ali Martinez said Ethereum is consolidating ahead
00:45of a possible 30% move and flagged a short-term pullback risk for Solana. XRP, Dogecoin, Shiba
00:51Enu, and MemeCoins showed renewed momentum. For all things money, visit Benzinga.com.
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