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Bitcoin trader warns of local BTC price top after $530M ETF inflows

BTC price “profit taking” has resulted from large ETF inflow days in the past, while both Bitcoin and Ether shrug off the latter’s ETF launch day.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin trader warns of local BTC price top after $530M ETF inflows

BTC price “profit taking” has resulted from large ETF inflow days in the past, while both Bitcoin and Ether shrug off the latter’s ETF launch day.

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 Cointelegraph

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