Bitcoin has reached the Top by mid-March. What is Next!?

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The United States spot Bitcoin BTC exchange-traded funds (ETFs) recently achieved a new milestone after attracting more than $1 billion in net inflows for the first time on March 12.

Investments into spot Bitcoin ETFs continue to soar as daily inflows breached $11.1 billion over the last 13 days. On March 12, Bitcoin ETFs saw their biggest-ever daily inflow of $1.045 billion, chiefly contributed to by BlackRock’s iShares Bitcoin ETF (IBIT).

Too many excited ppl, isn't it?!

Technical graph indicates on 2-years long upside channel, where near 73K per BTC is the Top, and near 55K is the middle.
Technically, BTC can retrace to mentioned above level.

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Ghi chú

BTC is back below 65'000

28 thg 3

Ghi chú

BTC Bulls got stuck

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Ghi chú

BTC bulls fade. Robust gain de-established.

17 thg 4

Ghi chú

BTC is back below 60'000

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Giao dịch đang hoạt động

BTC is back below 60'000 again.

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Đóng lệnh: đạt mục tiêu

July 5, 2024

Target reached. BTC hit 55'000