TAG: Bitcoin ETF

Bitcoin (BTC/USD) Soars Amidst Surging ETF Inflows

Increased investor confidence fueled by a $1.04 billion inflow into Bitcoin Spot ETFs. Bitcoin miners, particularly in the US, are accumulating Bitcoin in anticipation of another potential rally, with Marathon Digital Holdings aiming to significantly inc...

2 months ago

Crypto Update – Bitcoin (BTC) and Solana (SOL) Lead the Rebound

Bitcoin’s recent price drop is its largest since late 2022, but the current downtrend appears shallower than previous cycles. Factors contributing to the dip include Mt. Gox repayments and Bitcoin sales by the German government. Solana saw a boost follow...

2 months ago

Bitcoin (BTC/USD) Eyes Acceptance Above 200-day MA, ETF Flows Remain Positive

Bitcoin’s price is flirting with a break above the 200-day moving average and the 65k handle. However, downside risks persist, including profit-taking potential and concerns about Mt. Gox repayments impacting Bitcoin’s supply. Technically, a daily candle...

1 day ago

Bitcoin (BTC/USD) Eyeing a Deeper Reversal as ETF Outflows Continue

Bitcoin’s price faces downward pressure amid global recession fears and ETF outflows. Short-term Bitcoin holders are feeling the pain, while long-term investors remain profitable. A deeper pullback is possible, with Bitcoin currently 22% below its all-ti...

1 day ago

Bitcoin (BTC/USD) Eyes a Breakout, Have the Stars Finally Aligned?

Bitcoin’s price surged to levels not seen since July, fueled by positive inflows and optimism around a potential bullish breakout. Despite ETF inflows, actual demand for Bitcoin has been waning since March, according to Glassnode data. Technical analysis...

14 hours ago