⚜MARKET MOVEMENT
Global BTC under management by ETPs had seen a very solid recovery in May, and we expected to see a slightly bearish start of the month for June, however, we’ve seen an explosion in net inflows breaking past our All Time Highs with strength and showing no signs stopping.
How can his affect mid term price action?
Judging by the amount of inflows we’re currently seeing, and the fact that this trend will probably continue for the rest of the month, we can expect the mid term bottom for BTC, ETH and our main alts to be in for now.
Global BTC under management by ETPs had seen a very solid recovery in May, and we expected to see a slightly bearish start of the month for June, however, we’ve seen an explosion in net inflows breaking past our All Time Highs with strength and showing no signs stopping.
How can his affect mid term price action?
Judging by the amount of inflows we’re currently seeing, and the fact that this trend will probably continue for the rest of the month, we can expect the mid term bottom for BTC, ETH and our main alts to be in for now.
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