Bitcoin: ETF Inflows Total $297.5 Million
Bitcoin ETF flows hit $297.5 million on August 17 led by IBIT at $160.2 million with BTC at $64207.99 showing bullish MACD on 4h chart.
SourceAnalysis
Bitcoin ETF net flows reached $297.5 million on August 17 with IBIT taking $160.2 million, FBTC adding $111.9 million, ARKB contributing $14.2 million and MSBT posting $11.2 million.
Bitcoin trades at $64207.99 inside Bollinger Bands with upper resistance at $64692.99 while EMA50 support sits at $63727.08 and EMA200 at $63779.88; RSI at 61.6 stays neutral yet MACD golden cross at 238.32 signals sustained bullish momentum that could drive further BTC price prediction upside after any pullback to the 50-EMA. Institutional crypto buying pressure remains firm and BTC 4h chart analysis points to continuation once volatility contracts near the lower band at $62419.58.
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