Blackrock: IBIT Posts $205.9M Daily Inflow
Blackrock IBIT records 205.9 million inflow while BTC trades at $78700.3 with EMA50 support at $77561 and MACD golden cross intact.
SourceAnalysis
Blackrock (IBIT) posted a $205.9 million inflow on the latest Bitcoin ETF daily flow report from Farside Investors.
Price action on the 4h chart shows BTC at $78700.3 inside the Bollinger band with upper resistance at $79124.63 and lower support at $77220.33. The EMA50 at $77561.05 and EMA200 at $71286.66 anchor the bullish trend structure while MACD at 78.07 confirms the golden cross and RSI at 53.53 stays neutral. Institutional flows into spot products continue to underpin Bitcoin ETF flows and shape near-term BTC price prediction amid broader crypto market analysis.
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.
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