To be honest, I’ve always paid close attention to what institutions are doing. After all, they hold large positions, so their moves often offer more useful signals.
Today’s headline: “Bitcoin ETFs saw $228.4 million in net outflows this week, with IBIT recording the largest net outflow.”
It looks like some major investors are trimming their positions, so I’ll be a bit more cautious.
$BTC What do you all think?