$BTC HOLDS $62K AS ETF INFLOW BREAKS 10-DAY DROUGHT 🔥
Bitcoin is trading at $62,800 after a brief push to $63,000, maintaining the critical $62,000 support zone that has held firm since late June. The spot Bitcoin ETF data is the real story here—$221 million in net inflows yesterday snapped a ten-session outflow streak, signaling renewed institutional appetite at these levels.
This kind of structural shift in order flow often precedes a larger move, especially with volume picking up on the hourly. The market is watching whether the $63K breakout attempt was just a test or the start of a trend. Are you leaning long above $62K or waiting for a deeper retest?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #ETFInflow #SupportBounce #Crypto
🔥
Bitcoin is trading at $62,800 after a brief push to $63,000, maintaining the critical $62,000 support zone that has held firm since late June. The spot Bitcoin ETF data is the real story here—$221 million in net inflows yesterday snapped a ten-session outflow streak, signaling renewed institutional appetite at these levels.
This kind of structural shift in order flow often precedes a larger move, especially with volume picking up on the hourly. The market is watching whether the $63K breakout attempt was just a test or the start of a trend. Are you leaning long above $62K or waiting for a deeper retest?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #ETFInflow #SupportBounce #Crypto
🔥