4 days ago
Bitcoin Price Faces $62K Risk Despite Positive July ETF Flows
BitcoinaltseasonbitcoinBitcoin AnalysisBitcoin ETFSBitcoin priceblockchainBTCBTC Dominancebtc priceCryptocrypto marketCrypto newscryptocurrencyDigital AssetsETF inflowsSpot Bitcoin ETFs
TLDR: Bitcoin price is testing the $63,150 Fibonacci support after losing most of its recovery from July’s $66,900 high and facing further downside risk. US spot Bitcoin ETFs still gained about $172.4 million in July, despite a $265.4 million net outflow during the final trading session. Momentum remains weak as Bitcoin trades below the four-hour [...]
The post Bitcoin Price Faces $62K Risk Despite Positive July ETF Flows appeared first on Blockonomi.
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