BINA#Bitcoin #binancecampus #Bitcoin Continues Its Massive
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After confirming the breakout of $49,000, $BTC is
now printing a strong green candle to the upside.
Currently at $51,500, the price appears to be
unchecked. How long can this parabolic price
?action continue
Since $BTC bottomed, after its correction from
$49,000, when the Spot Bitcoin ETF approvals
were announced, it has gone up more than 33%,
or just over $13,000. This was a very short-lived
correction, and now $BTC is making up for lost
.time
Things look rosy for bitcoin
Behind the scenes things are looking very rosy for
the king of the cryptocurrencies. The average
inflows for the combined Spot Bitcoin ETFs are
around $125 million per day for the last month.
And despite the $6 billion in heavy outflows from
yGrayscale Bitcoin Trust (GBTC), this has been
more than compensated by the $11 billion
.flowing into the other 10 Spot Bitcoin ETFs
