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Bitcoin Back Under Key Level - Where Next?
Following a fresh push higher this week, BTC prices have once again turned back under the $108,855 level. The marker has proved a key resistance level this year with price currently suffering a fourth failure at the level. While the market holds below here, risks are skewed towards a deeper correction lower. Institutional demand has returned this week with BTC ETF’s recording just under $0.4 billion in inflows, led by BlackRock which continues to attract the largest inflows. The ebb and flow of institutional money has become a key driver of BTC this year following the approval of BTC ETFs earlier in the year. Given ... (full story)
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