$BTC ETF flow plays a huge part in Bitcoin's price action.


Everyone knows that, but few actually understand how influential it is.
Looking at it daily or weekly, it might not seem like much.
But monthly? Clear as day.
Significant moves to the upside or downside are consistently signaled by significant inflows or outflows.
Right now, we just saw the worst selling streak from those financial giants: $4.5 billion in outflows in June.
Based on this, buying pressure is definitely not around.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned