💰 Bitcoin ETF Demand Is Back
US spot Bitcoin ETFs just recorded $221.7M in daily inflows, ending a 10-day outflow streak and pushing $BTC back above $61K.
The return of institutional buying is a positive signal, but with IBIT still seeing outflows, traders should stay cautious.
Trade Idea:
• Bias: Bullish above $61K
• Target: $63K–$64.5K
• Invalidation: A drop back below $60K could weaken momentum.
Manage risk and let price confirm the next move. 🚀
$BTC
US spot Bitcoin ETFs just recorded $221.7M in daily inflows, ending a 10-day outflow streak and pushing $BTC back above $61K.
The return of institutional buying is a positive signal, but with IBIT still seeing outflows, traders should stay cautious.
Trade Idea:
• Bias: Bullish above $61K
• Target: $63K–$64.5K
• Invalidation: A drop back below $60K could weaken momentum.
Manage risk and let price confirm the next move. 🚀
$BTC