Bitcoin slips below $84K as profit-taking offsets ETF inflows
- —BTC dropped below $84,000 after hitting $87,395 on Monday, now trading near $84,200
- —US spot Bitcoin ETFs attracted $190.65 million, the sixth consecutive day of inflows
- —Wallets holding 100–1,000 BTC added 113,950 BTC since July 15, up 2.22%
- —Immediate resistance sits at $85,000, with the 50-day EMA at $76,096 as support
Why it matters: Steady ETF inflows and whale accumulation underpin the bullish structure, but bulls must reclaim $85,000 to confirm the correction has run its course.
Source: Invezz