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Fidelity Sees $11.3M FBTC Bitcoin ETF Inflow Amid Bullish Market

Guavy AI Editorial Team
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BTC
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Fidelity's Bitcoin ETF (FBTC) saw an influx of $11.3 million in August, a sign that institutional investors remain bullish on the cryptocurrency market. BTC is currently trading at $64,681.75, maintaining its position above the EMA50 support level with a MACD golden cross intact.

The Bollinger band shows BTC within its upper resistance zone of $65,137.58, while the RSI remains neutral at 61.73. This structure suggests that prices may continue to rise in the near term.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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