Markets· ★★★· neutral·

Bitcoin loses ETF support, but technical signal points to expansion phase

  • Bitcoin ETF inflows that supported the August rally are losing strength
  • Bitcoin technical indicators are improving, signaling an expansion phase
  • Demand for Bitcoin has yet to confirm a reversal
Why it matters: Weakening ETF flows could limit gains, but the improving technical picture offers a chance of a reversal.
Source: CriptoNoticias