Bitcoin Bull Run Questioned as Price Slips and ETF Flows Turn Negative
Bitcoin Bull Run Questioned as Price Slips and ETF Flows Turn Negative
Despite narratives of widespread Bitcoin accumulation by institutions like BlackRock and Michael Saylor, Bitcoin's price has notably declined, breaching key support levels. This downturn is further exacerbated by negative ETF flows, creating a contradiction between bullish claims and actual market performance.
Crypto Twitter is filled with claims that “everyone is buying Bitcoin”, from Michael Saylor and BlackRock to entire countries and even banks. Yet despite the accumulation narratives, Bitcoin’s price has slipped sharply, breaking below key levels as ETF flows turned negative. The contradiction between bullish headlines and falling prices emphasizes a crucial point: in markets […]