Bitcoin’s Crucial Support Hangs by a Thread as ETF Inflows Dry Up, Signaling Potential Prolonged Price Consolidation
Bitcoin faces a critical test as enthusiasm for U.S.-based spot Bitcoin ETFs wanes, putting key support levels under pressure, warn Bitfinex analysts. Without steady inflows from these ETFs, Bitcoin’s price could struggle to hold above the $107,000 to $108,000 range, a zone that has become increasingly vulnerable amid institutional selling and significant outflows following the […]
