A wise man once said: "Nothing lasts forever". I have been gone, but havent been for long!
Anyways, the biggest Bitcoin ETF in the world has just reported massive BTC inflows into their ETF. This is massive news as it means more cash flow is entering BTC, which also gives us a hint of an order block.
If BTC does go short in the future, it should do so until it reaches the $43K support zone, before a possible inflation back up to until at least $80K, however, some experts are predicting an all time record of at least $120K!
As always, read the graph if your opinion differs, and do comment below!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.