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Yesterday's inflow into the spot bitcoin ETF +300 million, let me remind you that I talked about an inflow of 600 million last week, and as we can see this week bitcoin made a fat jump, this metric is working well. And it has a relatively small lag of 1 day. The continued inflows say that the move is not over. Stay tuned.
LIVEPROFIT_PILOT
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#Bitcoin #BTC #BTC₿ $BTC
Hey guys,
bitcoin is correcting, I drew a similar formation in the weekly review. It looks like a technical correction and a test of the buyers demand zone. We will probably see a recovery from somewhere in this zone. The key areas to watch out for are 60k and the selling climax zone of 57k. The last few days have seen a rebound in net inflows into bitcoin ETFs to the tune of 600 million (smart money is buying).
Stay tuned.
Hey guys,
bitcoin is correcting, I drew a similar formation in the weekly review. It looks like a technical correction and a test of the buyers demand zone. We will probably see a recovery from somewhere in this zone. The key areas to watch out for are 60k and the selling climax zone of 57k. The last few days have seen a rebound in net inflows into bitcoin ETFs to the tune of 600 million (smart money is buying).
Stay tuned.
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