Bitcoin ETFs: $643M Inflow Hits Biggest Since January

Bitcoin ETFs absorbed $643M last Thursday, the largest single-day inflow since January and the capstone to the strongest monthly ETF performance all year.

On the 4h chart BTC trades at $78413.09 inside a bearish structure below the EMA50 at $78981.02 while holding above the EMA200 at $73833.2; the MACD death cross at -213.11 keeps downside pressure intact and neutral RSI at 39.42 leaves room before oversold conditions as price oscillates between the lower Bollinger support at $78308.39 and upper resistance at $80558.23.