BTC ETF continues to see large net inflows, institutional funds are crazily bottom-fishing, and since April, the management scale of related ETPs has reached a historical high. Technically, the daily MACD bullish trend remains unchanged. If the 4-hour chart breaks through the key resistance level of 107000 with volume, the upside potential will be fully opened. Although market sentiment has fluctuated, the greed index is still in the "greed" range. Remain firmly bullish, target price 107000, seize the opportunity!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6.16 BTC bullish! Target 107000
BTC ETF continues to see large net inflows, institutional funds are crazily bottom-fishing, and since April, the management scale of related ETPs has reached a historical high. Technically, the daily MACD bullish trend remains unchanged. If the 4-hour chart breaks through the key resistance level of 107000 with volume, the upside potential will be fully opened. Although market sentiment has fluctuated, the greed index is still in the "greed" range. Remain firmly bullish, target price 107000, seize the opportunity!