ARKB: Posts $58.8M Bitcoin ETF Outflow
ARKB records $58.8M outflow in Bitcoin ETF flows. BTC at $63529.4 tests EMA resistance with neutral RSI and MACD golden cross on 4h chart.
SourceAnalysis
ARKB posted a $58.8 million outflow in the latest Bitcoin ETF daily flow data from Farside Investors. BTC holds at $63529.4 inside a bearish trend where the EMA50 at $64062.74 caps upside and the EMA200 at $63721.11 offers nearby resistance. Momentum remains mixed with RSI(14) at 42.69 in neutral territory while the MACD registers a bullish golden cross at -256.51. Price action sits within the Bollinger bands, bounded by upper resistance at $64309.69 and lower support at $63124.97, pointing to a likely retracement toward the 50-EMA before any sustained move higher.
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.
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