Markets· ★★★· bearish· October 13, 19:00

Bitcoin bounces to $83.3K, but net taker volume and TIPS ETF signal caution

—BTC dipped to $81,000 before bouncing 2.9% to $83,300 in 4 hours
—Net taker volume has been negative throughout October, signaling net selling
—BTC fell from $87,000 to $80,400 last week
—iShares TIPS Bond ETF turned bearish, historically leading BTC downtrends

Why it matters: Negative net taker volume and a bearish TIPS ETF trend suggest Bitcoin may face another leg lower.

Source: AMBCrypto

More stories in swipe mode🔥 Trending now: Wallets sold by CryptoBilis had implants that send your recovery phrase over LTE, and Ledger's check can't spot them.

More on this

Markets · Sep 22

Binance net taker volume spikes to $618M in one hour as Bitcoin breaks $85K

Markets · yesterday

Bitcoin trades near $83K as market seeks stability, spot ETF outflows signal institutional caution

Markets · Oct 3

Bitcoin at $84,579: Bearish MACD and Sub-VWAP Price Signal Caution