🚨Bitcoin's surge over the past 24 hours is attributed to institutional capital inflows into #ETFs , which have outweighed retail investor caution. Meanwhile, whale accumulation has limited available supply. Keep an eye on the support level at $110,000 and the trend of ETF inflows. A close below this support level could lead to the liquidation of over $1.1 billion in long positions.
📌 To watch: Will Thursday's US CPI data fuel expectations of a Fed rate cut? What impact will this have on risk assets? #btc #BTC #BITCION #bitcoin
BTC
87,182.4
-2.70%
