🟢 Why BTC Isn’t Mooning Despite Massive ETF Inflows
Bitcoin has been trading sideways around $110K, even as ETF inflows hit record highs—here’s why it’s more nuanced than you might think:
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📈 1. ETF Inflows Are Heavy… But Not Explosive
• Cumulative spot BTC ETF inflows recently surged from ~527,000 BTC to over 630,000 BTC—a ~100,000 BTC jump in just 3 months .
• Yet this hasn’t triggered a massive price surge—because while institutions accumulate, the market structure is stabilizing, not overheating.
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🧾 2. Profit-Taking by Long-Term Holders
• Meanwhile, long-term holders (1–5 yr coins) have offloaded more than 240,000 BTC in recent months .
• That selling pressure is counterbalancing inflows, keeping price action calm and consolidated.
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📊 3. Price Action: Consolidation Mode
Currently BTC is in a range:
• Resistance: $112K–$115K
• Support: $105K–$108K
• RSI: Mid-50s—neutral, with room to move either direction .
• MACD and Moving Averages: Lean bullish, but momentum isn’t explosive .
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🧠 Implication & Strategy
• Large inflows? ✅ Check
• Selling by old-timers? ✅ Check
• Result = supply-demand equilibrium → sideways price action
Trade idea:
• Buy dip near $106K–$108K
• Await a volume-backed breakout above $112K
• If BTC closes above $115K–$117K on strong volume—could rocket to $130K+
👉 TL;DR:
Massive institutional capital isn’t guaranteeing an instant rally—because older holders are cashing in. Stay range-aware: buy support, sell resistance, and watch volumes.