Crypto
ARKB Sees Record $137.7M Bitcoin ETF Inflow as BTC Tests Upper Resistance
ARKB, a platform for tracking Bitcoin ETF inflows, has recorded $137.7 million in daily flows.
This influx of capital comes as the price of BTC holds steady at $81,147.8, with key support levels in place at $78,104.78 and upper resistance at $81,622.8.
The price of Bitcoin has been testing the upper Bollinger band, while its Relative Strength Index (RSI) sits at 69.07 and Moving Average Convergence Divergence (MACD) shows a golden cross.
According to analysis, a retracement towards the EMA50 support level is likely before continuation, which could shape the next price prediction move for BTC.