Bitfinex Alpha | Macro Determining BTC Price
Review full report
Subscribe to Bitfinex Alpha
Subscribe
to Bitfinex Alpha!
Want to receive Alpha from Bitfinex every week?
Subscribe
if (document.cookie.indexOf('sticky-note-subscribe=1') === -1) { document.querySelector('#sticky-note-subscribe').style.display = 'block' } document.querySelector('#sticky-note-subscribe-cta').addEventListener('click', (e) => { e.preventDefault(); document.querySelector('#sticky-note-subscribe').style.display = 'none' document.cookie = 'sticky-note-subscribe=1; max-age=7776000'; });
.wp-block-buttons > .wp-block-button { flex: 1; } .wp-block-buttons .wp-block-button .wp-block-button__link { display: block; text-align: center; } .wp-block-buttons .wp-block-button:last-child .wp-block-button__link { background-color: #1ABC91; border-color: #1abc9c; color: #fff; }
Bitcoin rebounded from the $112,000 lows, reclaiming the $115,800 range floor, after ETF outflows early in August reversed sharply into $769 million of net inflows over three sessions. This recovery, alongside steady accumulation by crypto treasury firms now holding nearly $90 billion in digital assets, has restored short-term confidence, price has broken past range highs near $119,500, but it remains to be seen if this breakout over resistance sustains. The price is oscillating around the short-term holder cost basis of $106,709, keeping conditions “warm but not overheated” and consistent with mid-cycle bull phases.
