Odaily Planet Daily News đ Bitfinex analysts said that even if spot buyer demand weakens, ETF inflows can support Bitcoin (BTC) prices. Analysts pointed out that continued ETF inflows may boost BTC prices and bring an optimistic outlook. đ
However, as Bitcoin spot market purchases slowed, the incremental spot cumulative trading volume flattened when the price reached $63,500. BTC is expected to fluctuate in a range in the short term, and investors need to keep an eye on market dynamics. đ
In general, despite the challenges in the spot market, ETF inflows have provided important support for BTC, and future trends still need to be further observed. đ
