3 Reasons Bitcoin's Bullish Trend Remains Intact Despite the Drop Below $84K
- —Spot Bitcoin ETFs attracted over $2.5 billion across five consecutive days
- —BTC reserves on exchanges fell to a four-month low of around 2.7 million
- —Whales holding 100–1,000 BTC bought nearly 114,000 coins since mid-July
- —BTC closed above its 365-day moving average for the first time since March 2023
Why it matters: ETF inflows and whale accumulation are shrinking available supply, which could support BTC's push toward $100,000.
Source: CryptoPotato