Главная Страх и жадность Горные бассейны бумажники Словарь афишировать Facebook Twitter Telegram Reddit Youtube
Рейтинг Рынка:
24ч:
Активные криптовалюты: 2797
Рынок: 81983
CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
Рейтинг Рынка
24ч
2797
Активные криптовалюты
53.89%
Bitcoin Поделиться
NewsBTC 2024-07-24 04:30:25

Is Bitcoin’s Recent ETF Inflow Surge a Setup for a Fall? What Traders Need to Know

Is Bitcoin’s Recent ETF Inflow Surge a Setup for a Fall? What Traders Need to Know

Amid rising institutional engagement in Bitcoin, a sharp spike in exchange-traded fund (ETF) inflows over the past few days has sparked interest from traders and analysts alike. Earlier today, a noteworthy analysis from the popular trader Skew on social platform X highlighted a potential risk for Bitcoin amidst its current influx of capital. Skew pointed out the phenomenon he dubs the “headline curse,” noting that while the significant inflow of over $500 million into United States spot Bitcoin ETFs signifies growing institutional confidence, it may also foreshadow a looming price correction. Related Reading: Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why Record High Bitcoin ETF Inflows Signal Market Shifts The recent resurgence in popularity for Bitcoin ETFs, particularly spotlighted by the BlackRock iShares Bitcoin Trust (IBIT), which alone saw $526 million in inflows on June 22, brings with it a history of similar occurrences that often led to price sell-offs. Bitcoin ETF Flow (US$ million) – 2024-07-22 TOTAL NET FLOW: 533.6 (Provisional data) IBIT: 526.7 FBTC: 23.7 BITB: ARKB: 0 BTCO: 13.7 EZBC: 7.9 BRRR: 0 HODL: -38.4 BTCW: 0 GBTC: 0 DEFI: 0 For all the data & disclaimers visit:https://t.co/4ISlrCgZdk — Farside Investors (@FarsideUK) July 23, 2024 Skew emphasized that such high inflow days usually correspond to market supply zones, where sellers historically start moving back into the markets looking for price weakness. This spike in inflows represents a critical juncture for the cryptocurrency, potentially setting the stage for either a bullish continuation or a bearish retreat, depending on several market factors that Skew outlined. Skew further proposed in the analysis that sustaining the current bullish momentum hinges on a few key indicators. These include a consistent passive spot bid, which involves limiting spot buyers capitalizing on price dips, and the ability of spot takers to continue bidding through existing spot supply, which is necessary to breach the five-month supply barrier. Additionally, the absorption of sellers plays a crucial role; it is a fundamental aspect that needs to be addressed to reach new all-time highs. Although the influx of funds into Bitcoin is a sign of positivity, Skew points out that it will test the market’s ability at these crucial levels to keep demand strong and absorb selling pressure. Another large inflow day👇$BTC As bullish as this is each other time IBIT reported mid – high 9 fig inflow days it occurred around market supply zones somewhat a headline curse lol So in terms of actually trading this, the obvious part is now does the market sustain this… https://t.co/qdGwMAvVjl pic.twitter.com/iZ921tpKHW — Skew Δ (@52kskew) July 23, 2024 Impending Sell Pressure Speaking of sell pressure, blockchain analytics firm Arkham Intelligence recently revealed that the US government has transferred $3.96 million from the seized Bitcoin to Coinbase. Adding to this possible sell pressure, Arkham Intelligence, in another report on X, also revealed that the defunct crypto exchange, Mt. Gox, may be moving to continue its Bitcoin sale. Yesterday, the exchange made test transactions depositing $1 to 4 separate Bitstamp deposit addresses. Related Reading: Last Resistance: Bitcoin Now Testing Final Short-Term Holder Cost Basis Regardless of these possible sell pressures, Bitcoin still maintains its price above $65,000, with the asset currently trading at $66,981 at the time of writing. Featured image created with DALL-E, Chart from TradingView

Наиболее читаемые новости

Рейтинг Рынка
24ч
53.89%
Bitcoin Поделиться
95
Сегодня Новости
Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения