ARKB: $91.8M Bitcoin ETF Daily Inflow
ARKB posts $91.8 million Bitcoin ETF inflow as BTC trades at $61400 with bullish MACD on 4h chart.
SourceAnalysis
ARKB recorded a $91.8 million inflow in the latest Bitcoin ETF daily flow data released by Farside Investors.
BTC price sits at $61400.17 inside Bollinger Bands, pressing upper resistance at $62206.89 while holding above the 50-EMA support at $60616.33. The MACD golden cross at 377.9 confirms trend strength and RSI at 58.98 leaves room for continuation before any test of the 200-EMA at $64910.29. Traders watching BTC price prediction models now eye sustained ETF inflows as the catalyst to clear the upper band and target higher levels.
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.