#bitcoinetfbuyersreturn ๐จ
๐๐ง๐ ๐ฆ๐ง๐๐๐๐ฆ ๐๐ง $๐ด๐ฎ๐ ๐๐๐ง๐๐ฅ ๐ฎ๐ฏ% ๐ฆ๐จ๐ฅ๐๐!
Wintermuteโs Augโฏ31 market note says
Bitcoin
rallied 23% in the prior week, then barely moved, up just 0.10% last week.
Price repeatedly hit resistance around $82,000.
Spot BTC
ETF
saw about $924โฏM net inflow last week, then a $202โฏM outflow on Friday; ETH ETF kept $816โฏM net inflow.
Wintermute notes two weeks of institutional inflows set this rally apart from a pure short squeeze, with lowโcost buyers supporting the level.
Key zones: $75Kโ$82K; a weekly dip below $72K or negative ETF flow would challenge this view.
$BTC $SKR $CYS
๐๐ง๐ ๐ฆ๐ง๐๐๐๐ฆ ๐๐ง $๐ด๐ฎ๐ ๐๐๐ง๐๐ฅ ๐ฎ๐ฏ% ๐ฆ๐จ๐ฅ๐๐!
Wintermuteโs Augโฏ31 market note says
Bitcoin
rallied 23% in the prior week, then barely moved, up just 0.10% last week.
Price repeatedly hit resistance around $82,000.
Spot BTC
ETF
saw about $924โฏM net inflow last week, then a $202โฏM outflow on Friday; ETH ETF kept $816โฏM net inflow.
Wintermute notes two weeks of institutional inflows set this rally apart from a pure short squeeze, with lowโcost buyers supporting the level.
Key zones: $75Kโ$82K; a weekly dip below $72K or negative ETF flow would challenge this view.
$BTC $SKR $CYS
