$BTC ETF selling slowed to $95M — and the $73,510 floor held again
Source: CoinDesk, 11 Nov 12:19 UTC
Tuesday's outflow was $95M — still selling, but less than a quarter of Thursday's $430M and about half of Monday's $201M. The flow was the whole story behind the break, and it's easing.
$BTC around $73,900, just above the 200-day line near $73,200. ETH ETFs nearly flat at -$1.3M. Fear 29.
I'm leaning the forced selling is easing — leaning, not strong, with a 90% December hike priced in.
Hold $73,510 and the reclaim starts at $74,513. Lose $73,200 on a daily close and it's $72,727, then $70,000.
Is $95M the bleed drying up, or a quiet day before the next leg — where's your line, $73,200 or $72,727?
Not financial advice. DYOR.
#BTC #ETF #CryptoNews
Source: CoinDesk, 11 Nov 12:19 UTC
Tuesday's outflow was $95M — still selling, but less than a quarter of Thursday's $430M and about half of Monday's $201M. The flow was the whole story behind the break, and it's easing.
$BTC around $73,900, just above the 200-day line near $73,200. ETH ETFs nearly flat at -$1.3M. Fear 29.
I'm leaning the forced selling is easing — leaning, not strong, with a 90% December hike priced in.
Hold $73,510 and the reclaim starts at $74,513. Lose $73,200 on a daily close and it's $72,727, then $70,000.
Is $95M the bleed drying up, or a quiet day before the next leg — where's your line, $73,200 or $72,727?
Not financial advice. DYOR.
#BTC #ETF #CryptoNews
