Don’t panic sell yet, but $BTC just got hit with a $679M weekly net outflow from US spot ETFs, the biggest bloodbath in four months.
$BTC pulled back from $87,000 on Oct 5 to $83,500, still 33% below last year’s peak. $ETH ETFs have bled for 9 straight days, total outflows hitting $700M. MicroStrategy’s latest $BTC buy was only 250 coins, its smallest monthly purchase all year, with cash reserves crashing to $640M.
Trade plan’s simple, no guesswork needed. Bullish case: ETF flows turn green in the next 3 sessions, $BTC holds above $82,000 on solid volume. Bearish case: weekly outflows cross $1B, price breaks below $80,300. Just watch these two levels, don’t waste time guessing whale moves.
#Write2Earn #BinanceSquare #Bitcoin ETF #TradingTournament
$BTC pulled back from $87,000 on Oct 5 to $83,500, still 33% below last year’s peak. $ETH ETFs have bled for 9 straight days, total outflows hitting $700M. MicroStrategy’s latest $BTC buy was only 250 coins, its smallest monthly purchase all year, with cash reserves crashing to $640M.
Trade plan’s simple, no guesswork needed. Bullish case: ETF flows turn green in the next 3 sessions, $BTC holds above $82,000 on solid volume. Bearish case: weekly outflows cross $1B, price breaks below $80,300. Just watch these two levels, don’t waste time guessing whale moves.
#Write2Earn #BinanceSquare #Bitcoin ETF #TradingTournament