Bitcoin: ETFs Pull $900 Million Inflows
Bitcoin ETFs recorded $900 million inflows last week led by $IBIT at $66350.71, accelerating from $197 million prior as BTC price prediction turns constructive.
SourceAnalysis
Bitcoin ETFs attracted $900 million in inflows last week, the largest weekly total since early May and a sharp jump from $197 million the week before, with $IBIT contributing $193 million followed by $115 million and $164 million on Monday and Tuesday.
Investor demand for Bitcoin funds is rapidly improving, positioning July inflows for $IBIT at $501 million toward the third-largest monthly intake this year.
At $66350.71, BTC holds a bullish structure above the EMA50 at $64931.61 and EMA200 at $63703.89 while trading inside the Bollinger band; with price testing upper resistance at $67140.91 and RSI at 61.82, a measured pullback toward the 50-EMA support remains the highest-probability path before continuation, directly shaping near-term BTC price prediction and shielding against any crypto market crash scenario.
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