🚀 Bitcoin's Wild Ride: Bulls Take a Breather! 🚀

- Bitcoin (BTC) dipped below $62,000 after hitting a high of $64,448 on Oct. 7. Bulls, hold your horses!

- Coinbase traders are showing a lack of demand, keeping the Coinbase premium negative. 🐻

- Despite this, Bitcoin ETFs saw a whopping $235.2M inflow on Oct. 7, with big names like Blackrock and Fidelity leading the charge.

- BTC is struggling to stay above key moving averages. A close below $61,700 could spell more bearish trends.

- Mixed signals abound, with some traders eyeing an accumulation phase around $60K.

Stay tuned, crypto enthusiasts!