Spot bitcoin ETFs see strong inflows of 817 million

https://www.theblock.co/post/326178/spot-bitcoin-etfs-continue-strong-inflows-of-817-million-btc-dips-3-4?utm_source=telegram1&utm_medium=social

Bears are shorting every all-time high while ETFs are getting a lot of inflows. Bitcoin could hit six figures now

Kyle said:
Bears are shorting every all-time high while ETFs are getting a lot of inflows. Bitcoin could hit six figures now

100k by the end of 2021 is coming faster than we thought

Kyle said:
Bears are shorting every all-time high while ETFs are getting a lot of inflows. Bitcoin could hit six figures now

Maybe today…

Kyle said:
Bears are shorting every all-time high while ETFs are getting a lot of inflows. Bitcoin could hit six figures now

Not thanks to this forum

More good days are coming

Cassian said:
More good days are coming

FOMO is just getting started

In a few weeks it will probably top 1 billion

We are just getting started, good times ahead

Holding these levels is important. We had a small pullback recently but if we can stay in this range, it’s looking promising for a full bull run.

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The dip from the new top is small, so let the winter fairytale continue. Thanksgiving and Christmas usually see good times. Just watch out for new investors though - this could lead to a major rug pull after the New Year.

@Lael
Exactly, it looks like it’s trying to dip from profit takers but the strength is holding.

There will be some capital flight though.

@Lael
Or even right before the Christmas holidays.

FOMO is definitely kicking in

The next 5 months should be strong with these inflows

The more bears get rekt, the less money they’ll have to pump the price when they finally realize it’s time to switch sides

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ETH is about to take off! Look at what happened to BTC after several months of ETF inflows? The price started to rise and Blackrock had to adjust. That’s why we’re seeing it continue to climb. As the price rises, they see more exposure that needs to be handled by buying. More inflows mean price goes up, which leads to more buying. It keeps going this way.