Bitcoin faces resistance at $118K, but ETFs may push BTC price higher
Spot Bitcoin ETFs saw $260 million in inflows on Monday, extending a six-day streak that may fuel BTC price to finally break the resistance level at $118,000.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Spot Bitcoin ETFs saw $260 million in inflows on Monday, extending a six-day streak that may fuel BTC price to finally break the resistance level at $118,000.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Live markets: Bitcoin ETFs bleed again while ether funds snap a five-day inflow streak
Spot bitcoin funds lost about $95 million on Thursday and ether funds roughly $52 million, ending the one bright spot in crypto's...
Tether’s $25 Million Telecom Bet Extends Its Push Beyond Stablecoins
Tether is again making it clear that it does not want to be viewed only as a stablecoin issuer. Its $25 million investment in tele...
Bitcoin (BTC) Price Prediction: $65K Remains Key Resistance as 4-Year Cycle Model Signals Make-or-Break Moment
The Bitcoin price today remains around $62,600-$62,900, according to TradingView data, reflecting a market that has stabilized fol...
Fidelity’s FETH Drives $70.5 Million Ether ETF Inflow as Bitcoin Turns Negative
Crypto ETF flows split sharply on Wed., July 8, as bitcoin ETFs returned to outflows with an $84.9 million exit. Ether ETFs remain...
Bitcoin Price Prediction: Overlooked BTC Gold Ratio Is Flashing an Unexpected Signal
Bitcoin is hovering around $62,000, but the mood feels far less comfortable than the chart suggests. Bitcoin price prediction deba...
Bitcoin ETF Inflows Return As BlackRock Helps Rebuild Institutional Demand
Bitcoin ETF flows are back in the spotlight because they give the market one of its cleanest daily reads on institutional demand....