BTC Rally or Short Squeeze?
$BTC isn’t just pumping because shorts got trapped.
Bitcoin is holding around $77K, while $ETH is pushing toward $2.4K — and the bigger signal is coming from ETF flows.
Spot Bitcoin ETFs pulled in roughly $606M on August 20, while Ethereum ETFs added another $221M.
That’s real institutional demand backing the move.
If ETF inflows stay strong and BTC continues to hold $77K, the $80K zone could be the next major test.
#DailyOrbit
$BTC isn’t just pumping because shorts got trapped.
Bitcoin is holding around $77K, while $ETH is pushing toward $2.4K — and the bigger signal is coming from ETF flows.
Spot Bitcoin ETFs pulled in roughly $606M on August 20, while Ethereum ETFs added another $221M.
That’s real institutional demand backing the move.
If ETF inflows stay strong and BTC continues to hold $77K, the $80K zone could be the next major test.
#DailyOrbit