Finally stopped holding back after 13 days 🔥
BTC spot ETF just dumped $1.35 billion yesterday, and IBIT alone scooped up $900 million. This is the first net inflow since the end of May, putting an end to the longest streak of outflows in history.
But the market is split like crazy—fear index is flat on the floor at just 12, pure panic. BTC is flowing onto exchanges while stablecoins are rushing out, and we’re seeing that classic script where retail investors are cutting losses and institutions are picking up the scraps.
Bitcoin is now hovering around $64,000, down nearly 50% from its peak, and it's touching the 200-week moving average for the fifth time; the previous four times were all bottoms.
BTC spot ETF just dumped $1.35 billion yesterday, and IBIT alone scooped up $900 million. This is the first net inflow since the end of May, putting an end to the longest streak of outflows in history.
But the market is split like crazy—fear index is flat on the floor at just 12, pure panic. BTC is flowing onto exchanges while stablecoins are rushing out, and we’re seeing that classic script where retail investors are cutting losses and institutions are picking up the scraps.
Bitcoin is now hovering around $64,000, down nearly 50% from its peak, and it's touching the 200-week moving average for the fifth time; the previous four times were all bottoms.