🚨 BLACKROCK IS BUYING THE DIP. IS THIS THE $BTC BOTTOM?
BlackRock’s IBIT just saw +$69.9M in net inflows.
But zoom out 👀
📊 7-day IBIT inflows: ~$463M
📊 30-day inflows: ~$1.71B
₿ BTC held by IBIT: ~806,000 BTC
💰 IBIT AUM: ~$68B
And this isn't happening in isolation.
US spot Bitcoin ETFs have now attracted 3 consecutive positive weeks, while BlackRock alone pulled roughly $450M during the week ending Oct. 2.
So what does it mean?
Institutions aren't behaving like they expect Bitcoin to collapse.
But here's the catch ⚠️
ETF buying ≠ guaranteed bottom.
BTC still needs to prove that the recent low was the cycle floor through higher lows + sustained ETF inflows + a clean break of resistance.
🔥 My question:
Is BlackRock front-running the next BTC leg up…
or are institutions simply accumulating before ONE MORE shakeout?
BOTTOM IN? YES or NO? 👇
Comment your BTC target. Let’s see who gets it right.
BlackRock’s IBIT just saw +$69.9M in net inflows.
But zoom out 👀
📊 7-day IBIT inflows: ~$463M
📊 30-day inflows: ~$1.71B
₿ BTC held by IBIT: ~806,000 BTC
💰 IBIT AUM: ~$68B
And this isn't happening in isolation.
US spot Bitcoin ETFs have now attracted 3 consecutive positive weeks, while BlackRock alone pulled roughly $450M during the week ending Oct. 2.
So what does it mean?
Institutions aren't behaving like they expect Bitcoin to collapse.
But here's the catch ⚠️
ETF buying ≠ guaranteed bottom.
BTC still needs to prove that the recent low was the cycle floor through higher lows + sustained ETF inflows + a clean break of resistance.
🔥 My question:
Is BlackRock front-running the next BTC leg up…
or are institutions simply accumulating before ONE MORE shakeout?
BOTTOM IN? YES or NO? 👇
Comment your BTC target. Let’s see who gets it right.