Analyst points to the 200-day moving average — currently around $58,000 to $60,000 — as a potential support level to watch.
Bitcoin spirals toward $65,000, heading to worst one-day drawdown since FTX blowup
Analyst points to the 200-day moving average — currently around $58,000 to $60,000 — as a potential support level to watch.
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The ETF, which bets against MSTR, has seen a net inflow of $16.3 million in the past six months, while its bullish counterpart has experienced significant outflows.
The billionaire, a well-known bitcoin proponent, added he holds no bonds or stocks except for his own company shares.
Most Ether ETFs were in the green during the Wednesday U.S. trading session, but Grayscale's converted Ethereum Trust ETF posted a net outflow of over $800 million.
BTC's dealer gamma profile suggests potential consolidation.