Bitcoin ETF outflows have now reached six consecutive days, with around $1.49 billion leaving the funds.
But something interesting is happening.
Yesterday's outflow dropped to just $47.7 million, compared to nearly $300 million the day before.
That's a big slowdown in selling pressure.
Still, one quieter day doesn't confirm a reversal.
We need to see institutional buyers step back in before calling a trend change.
Watch the ETF flows. $BTC
#Bitcoin #BTC Price Analysis#
#ETF
But something interesting is happening.
Yesterday's outflow dropped to just $47.7 million, compared to nearly $300 million the day before.
That's a big slowdown in selling pressure.
Still, one quieter day doesn't confirm a reversal.
We need to see institutional buyers step back in before calling a trend change.
Watch the ETF flows. $BTC
#Bitcoin #BTC Price Analysis#
#ETF
