Bitcoin ETFs Fuel Strong Fund Flow as BTC Targets $87,500
The September 21-25 trading week saw Bitcoin ETFs bring in approximately $2.4 billion, their strongest week in nearly a year.
This strong fund flow makes a second test of the highs plausible for BTC, but traders first need to see it regain the ground lost in the pullback.
A recovery through $85,000 could set up a fresh test of the recent high at $87,500. A daily hold above that area would put $90,000 in view; a break beneath $82,600 would send traders back to the lower support zone instead.