#Bitcoin    is holding $66k-$67k.

Even if it looks that nothing is happening, in reality a lot is happening behind the scenes: there is a lot of selling pressure at that level ($67k-$69k) and thanks to the ETF the price is not going down but is holding it.

Every hour at that level means that the selling pressure decreasing. At one point it will be exhausted and we will be ready to vreak the ATH.

The ETFs triggered a second era. In the last eight trading days they bought an average of $715m per day, the selling pressure has to be exhausted at one point because the ETFs will be keeping buying Bitcoin
#btcetf
Source @alexottabtc

#Bitcoin     ETF Volume results of Wednesday 13th of March (43rd trading day):

🥇 $IBIT $2,105m
🥈 $GBTC $1,081m
🥉 $FBTC $1,038m
🪵🏅$ARKB $272

Total Volume for The Nine: circa $3.8b.
Less volume than yesterday, but with $IBIT above two Billy and $FBTC above one Billy it is definitely another very good day for the volume!

🚀🚀🚀

Looking forward to the the Total Net Inflow of the day!
#HotTrends #btchalving2024 #btcetf
source @alexottabtc