Bitcoin price gains see 'significant pullbacks' ruled out before $150K
Bitcoin (BTC) took daily gains to 4.5% on Nov. 11 as an unlikely weekend of upside held strongly in place.BTC/ USD 1-hour chart. As Cointelegraph reported, on Nov. 10, the firms holdings passed 100% return on investment.Related: $80K BTC price chases after gold– 5 things to know in Bitcoin this weekAttention also focused on the spot Bitcoin exchange-traded funds (ETFs), these seeing net inflows of more than $1.5 billion the week prior. Source: Farside InvestorsEarlier, Cointelegraph reported on inflows to the biggest Bitcoin ETF, BlackRocks iShares Bitcoin Trust (IBIT), exceeding those of its gold ETF, the latter having been trading for twenty years.This short article does not consist of investment advice or recommendations.
Bitcoin (BTC) took day-to-day gains to 4.5% on Nov. 11 as an unlikely weekend of upside held strongly in place.BTC/ USD 1-hour chart. As Cointelegraph reported, on Nov. 10, the firms holdings passed 100% return on investment.Related: $80K BTC price chases gold– 5 things to understand in Bitcoin this weekAttention also focused on the area Bitcoin exchange-traded funds (ETFs), these seeing net inflows of more than $1.5 billion the week prior.”US area Bitcoin ETF netflows (screenshot). Source: Farside InvestorsEarlier, Cointelegraph reported on inflows to the largest Bitcoin ETF, BlackRocks iShares Bitcoin Trust (IBIT), exceeding those of its gold ETF, the latter having actually been trading for twenty years.This post does not include investment advice or recommendations.