Bitcoin: $32.1M ETF Net Inflow on July 29
Bitcoin ETF flows posted $32.1 million total net inflow July 29 as IBIT added 89.8 million while FBTC and ARKB saw outflows, with BTC at $64146.85.
SourceAnalysis
Bitcoin ETF flows recorded a total net inflow of $32.1 million on July 29, driven by IBIT at 89.8 million against FBTC outflow of 43.1 million and ARKB at 14.6 million negative.
Price action at $64146.85 sits below the EMA50 resistance at $64420.9 yet above the EMA200 support at $63911.62, with neutral RSI at 48.61 and MACD golden cross indicating buyers may defend the lower Bollinger band at $62965.16 before any push toward upper band resistance at $65397.49; institutional crypto investment patterns and BTC price prediction models now hinge on sustained ETF inflows to maintain this narrow range.
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