Average $BTC ETF holders finally back in profit for the first time since January.
Yesterday's pump broke above the estimated ETF cost basis of $81,722.
Expect some profit-taking pressure from here. ETF flows will tell the story over next few days—watch for distribution or if they diamond hand through this level.
Breaking cost basis = psychological relief trade incoming.
Yesterday's pump broke above the estimated ETF cost basis of $81,722.
Expect some profit-taking pressure from here. ETF flows will tell the story over next few days—watch for distribution or if they diamond hand through this level.
Breaking cost basis = psychological relief trade incoming.
