Fidelity FBTC: $5.6M Bitcoin ETF Outflow
Fidelity FBTC posted a $5.6 million outflow while BTC trades at $65018.85 with bearish EMA50 at $65023.32 and MACD death cross on 4h chart.
SourceAnalysis
Fidelity (FBTC) posted a -$5.6 million outflow in the latest Bitcoin ETF daily flows report.
Bitcoin holds at $65018.85 just beneath the EMA50 at $65023.32 inside the Bollinger band with upper resistance at $66892.2 and lower support at $64687.8. The MACD registers a death cross at 22.8 while RSI at 44.74 stays neutral, confirming the bearish trend structure above the EMA200 at $63768.16. Bitcoin ETF daily flows and BTC technical analysis both point to continued pressure until price reclaims the 50-EMA confluence zone.
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.
Premium Sponsors
.jpg)