Something feels different about this BTC move.
Bitcoin is back around $80K, but the part I’m paying more attention to is what’s happening behind the price.
Spot Bitcoin ETFs just recorded their 8th straight day of inflows, with roughly $2.8B entering over that period.
That’s not something I’d ignore.
At the same time, $BTC is still fighting the $80K area. So now I’m wondering which side wins first:
Buyers turning $80K into support?
Or sellers forcing another pullback?
Personally, I’m watching the reaction after the breakout more than the breakout itself.
If BTC holds above $80K, I think the market could start looking at $85K pretty quickly.
What’s your call?
Bullish above $80K or fakeout? 👇
$BTC
#BankOfKoreaHikesRatesTo3% $ #BankOfKoreaHikesRatesTo3% BTC #Crypto #CryptoMarket #Trading #BinanceSquare
Bitcoin is back around $80K, but the part I’m paying more attention to is what’s happening behind the price.
Spot Bitcoin ETFs just recorded their 8th straight day of inflows, with roughly $2.8B entering over that period.
That’s not something I’d ignore.
At the same time, $BTC is still fighting the $80K area. So now I’m wondering which side wins first:
Buyers turning $80K into support?
Or sellers forcing another pullback?
Personally, I’m watching the reaction after the breakout more than the breakout itself.
If BTC holds above $80K, I think the market could start looking at $85K pretty quickly.
What’s your call?
Bullish above $80K or fakeout? 👇
$BTC
#BankOfKoreaHikesRatesTo3% $ #BankOfKoreaHikesRatesTo3% BTC #Crypto #CryptoMarket #Trading #BinanceSquare