Price Forecast: SPX, DXY, BTC, ETH, XRP, BNB, SOL and more
Bitcoin (BTC) began to rise on Saturday after US President Donald Trump announced on his Truth Social platform that negotiations between the US and Iran are proceeding in an orderly and constructive manner. Buyers continued the recovery process on Monday, attempting to keep the price above the 77,500 USD level. As a result of recent uncertainties, 1.55 billion USD in net outflows were recorded from BTC ETFs in the US. This is reported by Cointelegraph.com reports .
According to a report by the analytical platform Santiment, the sharp outflow of funds from BTC ETFs indicates a capitulation sentiment among retail investors. Historically, such situations create favorable conditions for long-term asset accumulation without succumbing to panic. CryptoQuant analyst Darkfost noted that demand for BTC has decreased significantly, which could make a sustainable rally difficult without real spot demand.
The S&P 500 (SPX) index approached a record high of 7,517 on Friday, showing that buyers are maintaining control. If the index consolidates above the 7,500 level, the next target could be 8,000. However, a drop below the 20-day exponential moving average (7,324) would imply that short-term traders are taking profits, which could lead to a correction down to the 7,180 level.
The US Dollar Index (DXY) fell below 99.51 on Thursday, indicating seller activity at higher levels. The 20-day EMA (98.80) is expected to act as strong support during a decline. If the price rebounds from this level, the index could move toward the 100.54 resistance. For a new uptrend to begin, buyers must break through the 100.54 level.
