Fidelity Bitcoin ETF: $3.5M Inflow

Fidelity's FBTC Bitcoin ETF clocked a modest $3.5 million inflow today, signaling cautious optimism from investors tracking Bitcoin and BTC amid volatile crypto market trends. This comes after a string of uneven flows in recent months, where ETF inflows have often mirrored broader sentiment shifts in the crypto market, including hype around projects like RAVE and ongoing BTC price prediction debates.

Zooming into the 4-hour BTC chart, price action grinds at $79,006 with a clear bearish tilt, pinned below the EMA50 resistance at $80,384 while finding tentative footing above the EMA200 support around $77,189. MACD's death cross at -100.6 screams sustained downside pressure, yet RSI at 40.07 hangs neutral, hinting at no immediate oversold bounce. Confluence builds as price hugs the lower Bollinger band near $78,617, setting up a potential exhaustion dip before testing upper resistance at $82,043—watch for a break below here to accelerate toward deeper crypto market crash scenarios, or a rebound if inflows like FBTC's pick up steam.