🔥Over the past three months, #Bitcoin has seen a significant influx of $3.5 billion into the market.
While there have been some recent concerns about outflows, it is important to look at the bigger picture. The media often focuses on negative numbers without mentioning inflows. In fact, when looking at net inflows over the past three months, Bitcoin has remained positive at $3.5 billion.
This means that investors have purchased a large amount of Bitcoin between $57,000 and $68,000, with the majority of trading occurring above $60,000. While the last two weeks have seen negative net inflows of around $596 million for Bitcoin ETFs, this is just a short-term blip in the long-term picture.
Many experts believe that when the Bitcoin price returns to above $60,000, the market's bullish trend will continue, and net inflows may return to positive levels.
