Crypto Daily – After stopping just a couple of hundred dollars away from the $100,000 price level on Friday, the $BTC price rejected back down as far as $95,750. Currently has broken upwards through the descending trendline and is heading back for another attempt at $100,000. Will it break this huge psychological level this time?
Bitcoin is heading back to higher levels once again, having made its customary reversal, thereby allowing the bulls to catch their breath before the next push up. Having just touched $99,000 early on Monday, it will not take a major surge to arrive back at the $100,000 psychological level again.
Will the U.S. Spot Bitcoin ETFs continue their huge buying spree?
On the buying side, it will be interesting to see whether the U.S. Spot Bitcoin ETFs will continue their run of five uninterrupted trading days of net inflows. Last Thursday saw a purchase of $1 billion alone. This is now the fourth time in Spot Bitcoin ETF history that a purchase…
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