Capital inflow into Bitcoin dropping, volatility expected post BTC ETF launch, neutral.

From Investing.com
August 27, 2024 04:00:21 PM:

Capital inflow into Bitcoin (BTC) drops as excitement over Bitcoin Spot ETF launch wanes, Glassnode experts predict upcoming volatility. Net inflow declines, investor profitability resets to equilibrium post-BTC ETF launch in January. Sell-Side Risk Ratio indicator shows coins near original purchase price. Long-term holders not selling despite market pressure, new investors’ confidence tested, significant supply remains held.

Read more at Investing.com: Bitcoin (BTC) Capital Inflow Cooling Down, Expect Volatility, Glassnode Report Says By U.Today