Grayscale GBTC: $50.4M Bitcoin ETF Outflow
Grayscale GBTC posts $50.4 million Bitcoin ETF outflow as BTC holds $78,687.71 with neutral RSI at 57.62 inside Bollinger Bands.
SourceAnalysis
Grayscale (GBTC) posted a $50.4 million outflow in the latest Bitcoin ETF daily flow data from Farside Investors. BTC trades at $78,687.71 inside its Bollinger Bands, with the upper resistance at $80,343.25 and lower support at $76,910.27. The neutral RSI(14) at 57.62 shows no overbought pressure while price remains above the EMA50 at $75,319.7, though the MACD death cross at 869.99 signals fading momentum that could pull BTC toward the 50-EMA before any continuation higher.
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@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.