Everyone is watching that $465 million late week outflow and calling it the top. Meanwhile the ETFs just closed the third straight week of inflows, that is the actual story here.
One rough week does not erase three weeks of buying. Big money does not panic over a few red days, they average in and out and the weekly number still came out positive. That tells you who is actually driving this.
I am not changing anything on my side. The trend is still net buying, the noise is just noise.
$BTC
One rough week does not erase three weeks of buying. Big money does not panic over a few red days, they average in and out and the weekly number still came out positive. That tells you who is actually driving this.
I am not changing anything on my side. The trend is still net buying, the noise is just noise.
$BTC