Bitcoin ETF Investors Buy the Dip: Daily Inflows Reach $295 Million
Amid a sluggish cryptocurrency market, U.S.-listed Bitcoin ETFs posted their biggest daily inflows in more than a month.
JinseFinanceAmid a sluggish cryptocurrency market, U.S.-listed Bitcoin ETFs posted their biggest daily inflows in more than a month.
JinseFinanceThe recent crypto flash crash, driven by uncertainties around pending Bitcoin ETF approvals, has wiped out significant market value. However, a shift to higher timeframes reveals a confirmed breakout, potentially signaling the onset of a bull run. Historical validations, including closures above Ichimoku's Kijun-sen and the Bollinger Band, emphasize the importance of high volume in confirming buy signals. As the month progresses, the market's performance remains crucial, and closing January with a green volume bar could mark a turning point for those looking to seize a buy-the-dip opportunity.
Bernice'Buy the dip' calls were declining but still dominated the market amid fading interest.
BeincryptoChipotle launched a limited time market simulation game 'Buy the Dip' which will give away $200k in crypto. Chipotle Mexican ...
BitcoinistThe restaurant chain will give away Bitcoin, Ether, Solana, Avalanche and Dogecoin through an online game.
CointelegraphThe Bitcoin spot ETF added to its holdings over the past five days, offering a positive sign that buyers were stepping in to take advantage of lower prices.
CointelegraphWhile institutional bitcoin products have seen outflows in 13 of the past 17 weeks, they have now seen inflows for three consecutive weeks.
CointelegraphIt may not happen, but a crash to $27,000 would be the chance for many investors to "go all in" on BTC.
Cointelegraph