Bitcoin: ETF Outflows End Inflow Streak
Bitcoin ETFs recorded heavy outflows late last week, ending the inflow streak as Fed rate concerns mount, with BTC at $65426.86.
SourceAnalysis
Bitcoin ETFs posted heavy outflows late last week, ending the recent inflow streak as Fed rate concerns mount, according to Bloomberg data shared by Andre Dragosch.
BTC trades at $65426.86 inside a bullish structure with EMA50 at $64824.76 and EMA200 at $63919.58 acting as layered support. MACD shows a golden cross at 9.75 while RSI sits neutral at 60.05. Price tests the upper Bollinger band at $65684.76; any rejection here points to a measured pullback toward the 50-EMA before continuation. Traders tracking BTC price prediction models now weigh these levels against potential crypto market volatility.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.