#BitcoinTops$87KAtEightMonthHigh
đš BTC SLIPS BELOW $85K đ
Bitcoin is currently around $84,194, down 3.1% in 24 hours from a recent high of $86,846.94.
â ïž Claims that BTC is already above $87K or at an 8-month high are not confirmed by the current Binance market data.
Meanwhile, strong Bitcoin ETF inflows were reported on Sept. 23, but broader risk-off conditions are still weighing on BTC.
đ The setup to watch:
đ° ETF inflows = continued demand
đ Price weakness = selling pressure
đ Risk-off markets = added headwind
đ The big question: Can strong ETF demand offset the broader market pressure?
#Bitcoin #BTC #Crypto #BitcoinETF
đš BTC SLIPS BELOW $85K đ
Bitcoin is currently around $84,194, down 3.1% in 24 hours from a recent high of $86,846.94.
â ïž Claims that BTC is already above $87K or at an 8-month high are not confirmed by the current Binance market data.
Meanwhile, strong Bitcoin ETF inflows were reported on Sept. 23, but broader risk-off conditions are still weighing on BTC.
đ The setup to watch:
đ° ETF inflows = continued demand
đ Price weakness = selling pressure
đ Risk-off markets = added headwind
đ The big question: Can strong ETF demand offset the broader market pressure?
#Bitcoin #BTC #Crypto #BitcoinETF
