$BTC Opens October Near $83.6K: What The ETF Flows Say
BTC is trading around $84.1K, just above the October open of $83.6K.
Spot ETF flows over the last 2 weeks:
đ° 9 straight inflow days (Sep 17 to Sep 29), roughly $3.08B combined
Daily pace cooled from $999M (Sep 21) to $66M (Sep 29)
đ Sep 30: -$148.7M, the first outflow after the streak, with one fund making up $125.6M of it
Oct 1 flows have not printed yet
Why it matters: demand is still net positive, but the momentum behind it is fading. One outflow day is a data point, not a trend change.
Scenarios to map:
Price holds the October open and inflows re-accelerate: continuation setup
Price loses the October open while outflows extend: pullback risk grows
Mixed flows and chop while conviction is split
Reclaim is not confirmation.
Verify first. Risk later. Scale slowly.
#BTC #Bitcoin
BTC is trading around $84.1K, just above the October open of $83.6K.
Spot ETF flows over the last 2 weeks:
đ° 9 straight inflow days (Sep 17 to Sep 29), roughly $3.08B combined
Daily pace cooled from $999M (Sep 21) to $66M (Sep 29)
đ Sep 30: -$148.7M, the first outflow after the streak, with one fund making up $125.6M of it
Oct 1 flows have not printed yet
Why it matters: demand is still net positive, but the momentum behind it is fading. One outflow day is a data point, not a trend change.
Scenarios to map:
Price holds the October open and inflows re-accelerate: continuation setup
Price loses the October open while outflows extend: pullback risk grows
Mixed flows and chop while conviction is split
Reclaim is not confirmation.
Verify first. Risk later. Scale slowly.
#BTC #Bitcoin