#bitcoinetfssnapeightweekoutflowstreak 📊 BITCOIN ETF: IS IT JUST A BRIEF STOP OR BACK TO THE HIGHWAY OF PRICE DROPS?
🔥 The Spot Bitcoin ETF fund has just ended a streak of eight consecutive weeks of net outflows by successfully attracting $197 million. In which, the giant BlackRock snapped up a hefty $292 million, despite Grayscale GBTC still continuing to “dump” steadily at $108 million.
But hold on... that’s the story from last week only! This week, tensions in the Middle East reignited, rattling the market and pushing the BTC price to retreat deeper below the $63,000 mark. Will last week’s shift to green just be a short “pit stop” before the whales continue net selling for the next 16 weeks, plunging fellow traders into depression? 📉
😝 What should traders do right now?
Buy a cup of coffee to keep a cool head, sit tight and manage your capital closely, fasten your seatbelt, and wait for a truly clear breakout signal from the market. Don’t foolishly rush in with FOMO right now, or you’ll end up “chasing the top and waiting for cool weather” to welcome the storm! ☕🚀
؟
🔥 The Spot Bitcoin ETF fund has just ended a streak of eight consecutive weeks of net outflows by successfully attracting $197 million. In which, the giant BlackRock snapped up a hefty $292 million, despite Grayscale GBTC still continuing to “dump” steadily at $108 million.
But hold on... that’s the story from last week only! This week, tensions in the Middle East reignited, rattling the market and pushing the BTC price to retreat deeper below the $63,000 mark. Will last week’s shift to green just be a short “pit stop” before the whales continue net selling for the next 16 weeks, plunging fellow traders into depression? 📉
😝 What should traders do right now?
Buy a cup of coffee to keep a cool head, sit tight and manage your capital closely, fasten your seatbelt, and wait for a truly clear breakout signal from the market. Don’t foolishly rush in with FOMO right now, or you’ll end up “chasing the top and waiting for cool weather” to welcome the storm! ☕🚀
؟