Have institutions started losing faith in Bitcoin?
There’s one figure worth paying attention to:
$1.28 billion in net outflows from U.S. Bitcoin funds during the first few days of November!
In the latest session alone, $411.9 million flowed out of Bitcoin funds. 🔴 Bitcoin $BTC is trading near $76,000. Liquidations exceeded $1 billion during the latest downturn.
What’s striking is that Bitcoin is trying to recover, but institutional money still isn’t providing the support the market is waiting for.
📊 The question: Is this just a temporary wave of profit-taking, or have institutions really started reducing their Bitcoin exposure?
🔥 Would you buy at $76,000 or wait for $70,000?
#TradFiForBeginners #WillUS-IranTensionsBoostSafe-HavenDemand? #CPITestsDecemberRateOutlook #TradFiForBeginners
There’s one figure worth paying attention to:
$1.28 billion in net outflows from U.S. Bitcoin funds during the first few days of November!
In the latest session alone, $411.9 million flowed out of Bitcoin funds. 🔴 Bitcoin $BTC is trading near $76,000. Liquidations exceeded $1 billion during the latest downturn.
What’s striking is that Bitcoin is trying to recover, but institutional money still isn’t providing the support the market is waiting for.
📊 The question: Is this just a temporary wave of profit-taking, or have institutions really started reducing their Bitcoin exposure?
🔥 Would you buy at $76,000 or wait for $70,000?
#TradFiForBeginners #WillUS-IranTensionsBoostSafe-HavenDemand? #CPITestsDecemberRateOutlook #TradFiForBeginners