Bitcoin Jumps 13% Since Fed Rate Hike as Wall Street Funds Return
- —Spot BTC ETFs drew $2.31 billion on Sept 17, 18, 21 and 22
- —Funds bought $433 million on Sept 18 as BTC rose 5.9%
- —Inflows hit $999 million on Sept 21, BTC up 6.7%
- —$262 million in BTC shorts were liquidated in one hour on Sept 21
Why it matters: A breakout above the $86,935 neckline opens the way to $89,825 and $93,940, with the pattern targeting roughly $117,247.
Source: BeInCrypto AR