BTC is stuck around $81,000, and I’m choosing to watch rather than chase.
What I’m seeing: BTC is currently around $81,900, up about 0.5% over the past 24 hours.
Spot ETFs saw net outflows of about $229 million this week, and the price briefly dipped to around $80,800 intraday today.
$80,000 has repeatedly held as support over the past month, while $82,000 has been resistance for a week.
Bulls point to long-term capital flows bottoming out; bears call this a bull trap and are eyeing $72,000.
My take: Until ETF inflows return, this range looks more like time being ground away than a buildup of momentum.
The longer the price stays range-bound, the more likely a breakout will sweep the stops on both sides in one go.
What I’m doing: A sustained move above $82,000 on strong volume would signal a return to strength.
A break below $80,000 invalidates my range-bound thesis, and I won’t try to catch a falling knife.
Which way are you betting: a break above $82,000 first, or a retest of $80,000?
$BTC #比特币突破8.2万美元 #ETF资金流动
What I’m seeing: BTC is currently around $81,900, up about 0.5% over the past 24 hours.
Spot ETFs saw net outflows of about $229 million this week, and the price briefly dipped to around $80,800 intraday today.
$80,000 has repeatedly held as support over the past month, while $82,000 has been resistance for a week.
Bulls point to long-term capital flows bottoming out; bears call this a bull trap and are eyeing $72,000.
My take: Until ETF inflows return, this range looks more like time being ground away than a buildup of momentum.
The longer the price stays range-bound, the more likely a breakout will sweep the stops on both sides in one go.
What I’m doing: A sustained move above $82,000 on strong volume would signal a return to strength.
A break below $80,000 invalidates my range-bound thesis, and I won’t try to catch a falling knife.
Which way are you betting: a break above $82,000 first, or a retest of $80,000?
$BTC #比特币突破8.2万美元 #ETF资金流动