$BTC ETFs just had their best week since april 🟢
around $870M flowed in, and all 5 trading days were green. not a single red day.
📊 the numbers:
• total: +13.53K BTC this week
• IBIT led the buying: +10.84K BTC
• even GBTC was buying, and they almost never buy
📈 why it happened:
friday's US jobs report came in weak. markets took it as "rate hikes are done" and money flowed into $BTC . price is now around $65,100.
what's next:
wednesday is the big day. US inflation data (CPI) comes out, expected at 0.2%. if it comes in higher, expect volatility.
friday's rally was built on "no more rate hikes." wednesday we find out if that's true.
do you think the green streak continues next week? 👇
#Bitcoin #BTC Price Analysis# #Macro Insights#
around $870M flowed in, and all 5 trading days were green. not a single red day.
📊 the numbers:
• total: +13.53K BTC this week
• IBIT led the buying: +10.84K BTC
• even GBTC was buying, and they almost never buy
📈 why it happened:
friday's US jobs report came in weak. markets took it as "rate hikes are done" and money flowed into $BTC . price is now around $65,100.
what's next:
wednesday is the big day. US inflation data (CPI) comes out, expected at 0.2%. if it comes in higher, expect volatility.
friday's rally was built on "no more rate hikes." wednesday we find out if that's true.
do you think the green streak continues next week? 👇
#Bitcoin #BTC Price Analysis# #Macro Insights#