1. Bullish Pennant Points to Breakout
Analysts spotted a bullish pennant on the Bitcoin‑to‑U.S.‑dollar chart around $118,500 this morning, driven by $2.4 billion in ETF inflows last week and shrinking exchange supply. This chart setup, combined with strong fund demand, may trigger another leg up in the short term. “A breakout to new all‑time highs is likely in 1–2 days,” says forex analyst Crispus Nyaga.
2. Schwab to Offer Bitcoin & Ether Trading
Charles Schwab plans to launch spot Bitcoin and Ethereum trading within the next 12 months, bringing crypto alongside stocks under one roof. With over $10 trillion in assets under management, Schwab’s move adds massive credibility and access for retail investors. “We anticipate launching Bitcoin and Ether sometime soon… we think that will be an acceleration of our growth,” says Schwab CEO Rick Wurster.
3. Miners Dump 16K BTC as Whales Take Profits
As Bitcoin surged past $123K, miners sold roughly 16,000 BTC in one day—the largest miner outflow in months—and large whales added further supply to the market. Profit‑taking at these levels can spark short‑term pullbacks, and on‑chain analyst Santiment flagged a “historic social dominance spike,” often seen as a contrarian buying signal.
Bitcoin Universe is for informational purposes only and does not constitute financial advice.
