Large Bitcoin ETF inflows could lead to price decline, prompting concerns of imminent bearish market.
From Cointelegraph
October 24, 2024 1:45 PM:
Recent data shows that significant increases in spot Bitcoin exchange-traded fund (ETF) inflows have typically been accompanied by bearish price movements. This pattern has prompted warnings from analysts that a price decline may be imminent.
Read more at Cointelegraph: ‘Unusually’ large Bitcoin ETF inflows spark concerns of BTC price decline