Warning: The decline in BTC hasn’t ended yet, so everyone be careful.
There is an external factor making the situation worse.
New data on 8/10 shows that the spot Bitcoin ETF in the US recorded approximately $484.9 million in net outflows in a single day— the largest withdrawal since June, according to market reports. At the same time, the Ethereum ETF also saw significant outflows.
This is noteworthy because it occurs at the same time as:
BTC falling below short-term support levels.
The 4-hour MACD histogram remains negative.
2 signals pointing in the same direction make the possibility of further downside more concerning.
BTCVN4 wishes you good luck
#News
#bitcoin
#BinanceSquareFamily
#Ethereum
#BinanceVietnamSquare
$BTC
$ETH
$INJ
There is an external factor making the situation worse.
New data on 8/10 shows that the spot Bitcoin ETF in the US recorded approximately $484.9 million in net outflows in a single day— the largest withdrawal since June, according to market reports. At the same time, the Ethereum ETF also saw significant outflows.
This is noteworthy because it occurs at the same time as:
BTC falling below short-term support levels.
The 4-hour MACD histogram remains negative.
2 signals pointing in the same direction make the possibility of further downside more concerning.
BTCVN4 wishes you good luck
#News
#bitcoin
#BinanceSquareFamily
#Ethereum
#BinanceVietnamSquare
$BTC
$ETH
$INJ