📊 BTC Market Update | ETF Inflows vs Selling Pressure
Bitcoin faced selling pressure even after US Spot Bitcoin ETFs recorded approximately $526.7M in net inflows, according to the shared report.
🔹 BTC price was reported near $81,383.
🔹 Price was below the 50-day moving average near $81,481.
🔹 The $80,000 put option is attracting attention as traders consider downside risk.
📈 My Market View: ETF inflows are positive, but they don’t guarantee an immediate price increase. BTC needs to regain important resistance levels before a stronger bullish move can be confirmed.
💬 What do you think?
Will BTC recover, or will sellers push it lower?
#BTC走势分析 #BinanceSquare #CryptoNews🔒📰🚫 #BitcoinAnalysis $BTC
Bitcoin faced selling pressure even after US Spot Bitcoin ETFs recorded approximately $526.7M in net inflows, according to the shared report.
🔹 BTC price was reported near $81,383.
🔹 Price was below the 50-day moving average near $81,481.
🔹 The $80,000 put option is attracting attention as traders consider downside risk.
📈 My Market View: ETF inflows are positive, but they don’t guarantee an immediate price increase. BTC needs to regain important resistance levels before a stronger bullish move can be confirmed.
💬 What do you think?
Will BTC recover, or will sellers push it lower?
#BTC走势分析 #BinanceSquare #CryptoNews🔒📰🚫 #BitcoinAnalysis $BTC