BlackRock's Bitcoin ETF Sees Record $134M Inflows
BlackRock's Bitcoin ETF (IBIT) has seen significant inflows of $134.3 million in daily flows, according to recent data.
This influx of capital is being taken into account by BTC price prediction models as the crypto market trends shift.
The current price of Bitcoin sits at $77,379.06, within its Bollinger bands.
Looking at the 4-hour chart, there appears to be a bearish structure versus EMA50 resistance at $77,905.02, while EMA200 support sits at $74,455.22.