🚀 Renewed ETF Buying Lifts Bitcoin - Here’s What I’m Watching Next
$BTC has found solid footing above $92,000 this week, and it’s all thanks to the strong reversal in U.S. spot ETF flows - $151.92 million in inflows on Tuesday. With that, the market feels like it’s setting up for something big, especially as we wait for Powell’s rate decision. The next move is crucial.
🧭 What I’m Watching:
ETF Flows: Fidelity’s FBTC is leading the charge, bringing in nearly $200 million. Ethereum and Solana are following suit with solid growth in their products too.
Market Health: The market structure looks stronger with whale accumulation and lower leverage. There’s a quiet sense of confidence building.
Fed’s Impact: The market is pricing in a 25 bps rate cut - but Powell’s guidance will be the deciding factor for BTC’s next move. Will it send BTC up to $96,000, or is the uncertainty still hanging over us?
🔥 WhiteBIT Coin (WBT) is Holding Strong
Meanwhile, WBT continues to show resilience. As exchange-native tokens get more attention, WBT is slowly moving upwards, reflecting the growing trust in ecosystems that offer built-in utility.
📊 My Take:
With ETF demand rising and fresh macroeconomic catalysts on the horizon, the next 24–48 hours could shape the year-end rally. Watching Powell’s tone is key. But if Bitcoin holds its ground above $92,000, we might just see it testing $96,000 soon. 🚀
