Bitcoin rallies through $77K despite spot BTC ETF outflows topping $2B
Hex37's read
- Bitcoin price sustains momentum above $77,000.
- Spot BTC ETFs recorded outflows exceeding $2 billion.
- Market sentiment remains resilient despite BigTech earnings concerns.
What it means for traders
- BTC price resilience despite heavy ETF outflows suggests strong underlying spot demand.
- Monitor $77k support; a break below could trigger a correction given the current ETF selling pressure.
Affected markets
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