Fidelity FBTC: $6.8M Bitcoin ETF Outflow
Fidelity FBTC posted $6.8 million Bitcoin ETF outflow as BTC holds $63003.34 with bearish EMA50 at $63823.71 and MACD death cross.
SourceAnalysis
Fidelity (FBTC) recorded a -$6.8 million outflow in the latest Bitcoin ETF daily flow data.
BTC price action at $63003.34 sits inside Bollinger Bands with upper resistance at $64139.42 while EMA50 at $63823.71 and EMA200 at $63696.17 cap upside; the MACD death cross at -329.46 and RSI at 37.46 point to further pressure toward lower band support at $62689.84 before any relief rally.
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.