The total net BTC ETF flows reached a new ATH 🥳

in hive-103599 •  2 months ago  (edited)

1000018839.jpg

Source: Apollo

After approving spot BTC(Bitcoin) ETFs by the 🇺🇸 SEC(Securities Exchange and Commission), the total net BTC ETF flows have been increasing, which means Wall street has been accumulating BTC during the last 6 months.

Recently, the BTC price has had a price correction and has been consolidating. But, the total net BTC ETF flows by Wall street reached a new ATH(All Time High). If this market cycle was done, they would have sold BTC.

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Source: DeFiLlama

The total stablecoins marketcap had recovered, and has been increasing again. If a bearish market already started, it would have decreased.

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Source: LookIntoBitcoin

The less than 3m short-term BTC holder ratios have plunged again. It seems that the sentiment of the crypto market has chilled.

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Source: Arkham

It's ridiculous that the Germany has sold all of BTC lol. The Venezuela will be a winner in 2030s. They hold more than 5k BTC.

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Source: NBC News

Trump got shooting by an assassination attempt. He's injured in a his ear. Fortunately, he's alright.

He's a favorable politician to cryptocurrencies. I belive he will make the MAGA(Make America Great Again) and all future bitcoin to be mined in the U.S.

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This comment is for rewarding my analysis activities. Upvotings will be proceeded by @h4lab and @upex

  ·  2 months ago 

Upvoted! Thank you for supporting witness @jswit.

  ·  2 months ago 

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Good that we can see some bullish movement very soon ?