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Hey guys, hope you're okay.
Since the last update at the end of April, we see that the outflows from the Bitcoin ETF have led to a continuation of the correction, and the bitcoin price has broken through 60K support. Also on the chart we can see that this process is continuing and 1.05 was an all time high of 567 mln $. The good news is that we are now seeing some recovery and it is worth watching how the price will behave when it reaches 60-61K, whether we will see a bounce or the price will return to the range.
Stay tuned.
LIVEPROFIT_PILOT
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#BTC #Bitcoin $BTC #BitcoinETF
Hey guys.
Two days in a row again there is an outflow of funds from bitcoin ETF, to the tune of 350 million dollars.
The reason was most likely yesterday's weak Q1 GDP data, which came out worse than the forecast of 1.6%, the forecast was 2.5%.
Let's see if this will lead to another correction or not.
Stay tuned.
Hey guys.
Two days in a row again there is an outflow of funds from bitcoin ETF, to the tune of 350 million dollars.
The reason was most likely yesterday's weak Q1 GDP data, which came out worse than the forecast of 1.6%, the forecast was 2.5%.
Let's see if this will lead to another correction or not.
Stay tuned.
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