Fidelity's Bitcoin ETF Sees $33.4M Inflow Amid BTC Price Volatility

Fidelity's Bitcoin ETF saw a significant influx of capital on August 4, 2026, with $33.4 million flowing into the FBTC product. This move came as BTC traded at $63,463.32, and it's worth noting that despite the bullish inflow, the price remains locked in a bearish structure between EMA50 and EMA200.

The MACD has printed a golden cross at -90.01, indicating a possible shift in momentum, while RSI sits neutral at 50.5 within the Bollinger Bands. The upper resistance is set at $63,917.95, with lower support at $62,384.04.

According to traders monitoring BTC price prediction models, any sustained move above the upper band could trigger continuation towards recent highs, while failure at EMA levels risks a swift test of lower support.