$BTC is back above $82,000, but I’m more interested in the numbers behind that $73 billion. Wait, not $73 billion. U.S. spot Bitcoin ETFs saw a combined net outflow of about $730 million over the past two trading days. October 7: about $487 million in outflows. October 8: about $244 million in outflows. Meanwhile, after a round of declines, BTC was still hovering around $82,000 early on October 10. That got me thinking: When prices rebound, is the money really coming back? ETF net outflows don’t necessarily mean BTC will keep falling. But if prices rebound and money doesn’t continue flowing back in, I’ll be more cautious. There are two things I’ll be watching next: ① Will ETFs start seeing sustained net inflows again? ② As BTC rebounds, will spot buying keep pace? 🦌 Lumi No trading calls—just what’s happening and what I’m watching. What do you think BTC needs more right now: a price breakout or money flowing back in? #BTC #Bitcoin #BitcoinETF
Bitcoin is falling. But here’s what I’m watching. $BTC has had a rough few days. And honestly, I’m less interested in predicting the next candle than understanding what’s driving the move. Rising bond yields, oil prices, and geopolitical uncertainty have all added pressure to risk assets. Two questions I’m asking: ① Can Bitcoin regain its previous trading range? ② Will macro pressure start to ease? Sometimes the smartest thing to do is observe before reacting. 🦌 I’m Lumi. Let’s make sense of crypto together. #Bitcoin #Crypto