16 hours ago

Bitcoin dips below $71K, but data shows BTC’s bullish momentum holding

Bitcoin dips below $71K, but data shows BTC’s bullish momentum holding

Bitcoin dropped below $71,000, but the market remains tilted toward bulls as spot ETF inflows and BTC buying from Strategy boost investor sentiment.

Key takeaways:

Spot market demand through US-listed ETFs and Strategy’s BTC buying supports Bitcoin’s bullish momentum

Low leverage among Bitcoin bulls reduces the risk of cascading liquidations even if prices drop another 5%.

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Source: Cointelegraph →