#BitcoinFiveWeeklyLosses
๐ Five Red Weekly Candles Took Bitcoin From $86.5K to $74.9K
BTC has now closed lower five weeks running, and this week opens with ETF selling and Tuesday's CPI ahead.
๐ Weekly close fell 13.5%, from $86,530 (Sep 28 week) to $74,851
๐ Last week alone: -4.5%, from a $78,354 open
๐ฆ IBIT: six straight outflow sessions, about $1.44B in total
โ ๏ธ US spot BTC ETFs lost $1.28B from Nov 2 to Nov 6
The catch: Fidelity's FBTC still took in $93.1M that week, so not every buyer left.
Sixth red week, or a green close above $75K by Sunday? ๐
$BTC
#BitcoinFiveWeeklyLosses #Bitcoin #ETF
๐ Five Red Weekly Candles Took Bitcoin From $86.5K to $74.9K
BTC has now closed lower five weeks running, and this week opens with ETF selling and Tuesday's CPI ahead.
๐ Weekly close fell 13.5%, from $86,530 (Sep 28 week) to $74,851
๐ Last week alone: -4.5%, from a $78,354 open
๐ฆ IBIT: six straight outflow sessions, about $1.44B in total
โ ๏ธ US spot BTC ETFs lost $1.28B from Nov 2 to Nov 6
The catch: Fidelity's FBTC still took in $93.1M that week, so not every buyer left.
Sixth red week, or a green close above $75K by Sunday? ๐
$BTC
#BitcoinFiveWeeklyLosses #Bitcoin #ETF
