17-05-2024 18:00 via newsbtc.com

Bitcoin Bulls “Warming Up” As Spot ETF Inflows Exceeds $1.3 Billion In 2 Weeks

Even after the upswing mid-this week, Bitcoin prices remain wavy, considering price action in lower time frames. The coin is retesting $66,000 at spot rates, but traders expect the breakout to have been confirmed, pushing BTC prices toward $70,000.Since the surge to all-time highs in March, the coin has been on a steady downtrend, as shown in the formation on the daily chart.
BTC Liquidity Is High Despite Accumulation: Analyst
Therefore, as doubt creeps in, Willy Woo, a Bitcoin on-chain analyst,
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