White house report ignores Bitcoin reserves: BTC shows bullish signals close to $ 118,000 amid ETF inflows
White house report ignores Bitcoin reserves: BTC shows bullish signals close to $ 118,000 amid ETF inflows
Bitcoin update: stability and technical signals
The current report of the White House did not take into account the update of Bitcoin reserves. Despite this missing information, Bitcoin (BTC) is stable in the past few days and keeps with bullish technical signals near the $ 118,000 mark. This stability could be due to the growing interest of investors.
Another factor that contributes to the stability of Bitcoin are the inflows in stock markets traded (ETFs). These specialist instruments are increasingly gaining popularity because they enable investors to invest in Bitcoin without having to keep cryptocurrency directly. The increase in ETF inflows could be seen as an indicator of increasing trust in the market and an increasing acceptance of Bitcoin as a form of investment.
Overall, Bitcoin is currently showing a promising technical constellation that should be of interest to both investors and analysts. The next few days and weeks could be crucial for whether BTC can continue its upward trend or whether there are corrections.
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