Bitcoin ETF Flows Surge to $137.6M Amid Neutral RSI

On August 6, Bitcoin ETF flows saw a significant increase in net inflows, reaching $137.6 million. This surge was largely driven by IBIT, which led with $128.3 million in inflows. Meanwhile, HODL experienced an outflow of $32.8 million.

The current price of BTC stands at $64,313.93, above the support levels provided by its EMA50 and EMA200 indicators. The Relative Strength Index (RSI) remains neutral at 53.08, while the Moving Average Convergence Divergence (MACD) shows a death cross. As such, the asset is currently testing the upper Bollinger resistance level of $64,939.44.