BTC Price Stabilizes Above $95,000 With 10 DMA Support

In the last 24 hours, the BTC price has again surpassed the $97,000 high in an attempt to break above $100k.

Bitcoin (BTC) price again made an attempt to surpass the $100k high in the last 24 hours. While the BTC price is preparing for the next leg, experts believe that ETH could lead the next uptrend. Spot Ethereum ETFs have recorded a positive inflow in the last few weeks, which could support the ETH price.

Other potential ERC-20 altcoins, like DTX Exchange (DTX), are also expected to perform exceptionally well. Rapid developments have been seen in DTX Exchange recently, and the launch is coming soon, after which the DTX token price can skyrocket.

BTC Price Stabilizes Above $95,000 With 10 DMA Support

The BTC price made the recent high of $99,860 on 22nd November, afterward it traded in a converging triangle pattern with resistance at $98,500. On 26th November, it made an undercut on 10 days moving average but quickly rose above average and has been surfing above it since then.

With the consolidation of the BTC price, the volume has dipped below the average in the last three days. This volume action indicates volatility decreasing in the consolidation phase. Usually, the patterns of decreasing volatility break out after dryness in volume, which can be observed in the BTC price. If Bitcoin breaks down on the upside, it can achieve the $100,000 target for the first time.

Spot Ethereum ETFs Achieve Historic Single-Day High

U.S.-based spot Ethereum ETFs gained a lot of traction and delivered strong performance in the past week. They wrapped up November on a high note, marking spot Ethereum ETF’s best 30-day stretch since launch. This growing investor confidence also boosted ETH’s price, which crossed $3,500 for the first time since July.

According to SoSoValue’s latest market data, U.S.-based spot Ethereum ETFs recorded a net inflow of $333 million on Friday. This set a new single-day record, surpassing the previous high of $295 million on November 11. For the first time since the ETFs began trading, spot Ethereum ETF inflows outpaced those for Bitcoin. This shift could signal something deeper and more significant than it appears at first glance.

DTX Exchange Becomes The Perfect Platform For Portfolio Diversification, Including ETFs

Now investors seeking diversification in different asset classes and instruments with different aggressive or defensive strategies can choose DTX’s multi-asset trading platform. All the liquid assets are included in DTX Exchange for investment, and users can easily find popular assets like stocks, crypto, forex, etc.

The major attraction for investors has been investing in various large-cap crypto ETFs, which provide consistent returns with less risk. The 1,000x leverage features make them more beneficial because with small funds, you can make large positions and generate consistent income.

DTX Exchange’s presale is in stage 6, and the token is priced at $0.12. The project has raised over $9 million with 17,200 holders of DTX tokens. DTX holders will also enjoy huge discounts on trading fees on the platform. A great opportunity is provided for retail traders as DTX tokens have the potential to grow at an exponential rate.

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