Digital Asset Investment Products See Record-Breaking Inflows! 📰
Last week, digital asset investment products attracted US$3.4 billion in inflows, marking the largest weekly inflow since mid-December 2024 and the third largest on record.
$BTC investment products were the primary beneficiaries, accounting for US$3.18 billion of the total.
This significant capital movement highlights the growing institutional and retail interest in digital assets, particularly Bitcoin, reinforcing its position as a leading investment choice in the digital economy.
$BTC is holding strong above $90K! For six days straight, BTC has maintained its bullish momentum, climbing +11.41% this week. And it looks like the rally is just getting started. 👀
Currently, Bitcoin is trading above the Short-term Holder (STH) Cost Basis at $93,145 — a key level to watch. Staying above this line signals strength and hints at a move toward new ATHs. 🏔️
The mid-range is critical:
- Upper band: $131,800
- Lower band: $71,150
If BTC can maintain momentum, the next big move could push us toward that $130K zone. 🔥
Adding fuel to the fire, whales have been accumulating hard — 20,000 BTC ($1.86B) scooped up in the last 48 hours, according to Santiment. 🐋 This kind of strong buying activity usually supports continued upside.
📈 Fractal patterns from past cycles (since 2015) suggest we’re deep in the markup phase — the exciting period before reaching a cycle top. If history repeats, the market top could come between October 12-16, followed by a longer cool-down period.
On the monthly chart, BTC has bounced off a major ascending support line that’s been key since 2018. A clean break above $102K could trigger the next explosive leg up. 🚀
Digital Asset Investment Products See Record-Breaking Inflows! 📰
Last week, digital asset investment products attracted US$3.4 billion in inflows, marking the largest weekly inflow since mid-December 2024 and the third largest on record. $BTC investment products were the primary beneficiaries, accounting for US$3.18 billion of the total.
This significant capital movement highlights the growing institutional and retail interest in digital assets, particularly Bitcoin, reinforcing its position as a leading investment choice in the digital economy.
#Bitcoin #Macro Insights# #CryptoNews
🚀 $BTC is holding strong above $90K! For six days straight, BTC has maintained its bullish momentum, climbing +11.41% this week. And it looks like the rally is just getting started. 👀
Currently, Bitcoin is trading above the Short-term Holder (STH) Cost Basis at $93,145 — a key level to watch. Staying above this line signals strength and hints at a move toward new ATHs. 🏔️
The mid-range is critical:
- Upper band: $131,800
- Lower band: $71,150
If BTC can maintain momentum, the next big move could push us toward that $130K zone. 🔥
Adding fuel to the fire, whales have been accumulating hard — 20,000 BTC ($1.86B) scooped up in the last 48 hours, according to Santiment. 🐋 This kind of strong buying activity usually supports continued upside.
📈 Fractal patterns from past cycles (since 2015) suggest we’re deep in the markup phase — the exciting period before reaching a cycle top. If history repeats, the market top could come between October 12-16, followed by a longer cool-down period.
On the monthly chart, BTC has bounced off a major ascending support line that’s been key since 2018. A clean break above $102K could trigger the next explosive leg up. 🚀
Stay sharp fam — momentum is building! ⚡
📊 WhiteBIT Chart: BTC/USDT (1M)
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#