Why this key Bitcoin price trendline at $100K is back in focus
4M ago•
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BlackRock and Fidelity led the rebound in spot Bitcoin ETFs inflows on Thursday, as traders shifted their focus to the 50-week EMA at around $100,000.
Key takeaways:
Bitcoin ETFs recorded $240 million in inflows on Thursday, ending a six-day outflow streak.
Bitcoin’s failure to drop below the 50-day EMA suggests strong support in this area.
4M ago•
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