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Spartan1
#BTCETFFlowParadox
BTC just flushed to $82,654. 124,276 traders got wrecked in 24h. $714M liquidated — $647M of that was longs.
ETF inflows look like support, but they're not. They're just slowing the bleed. BlackRock bought, but leverage sellers sold right back into it.
Macro isn't helping. Treasury yields at 5.36%, highest since 2002. Oil above $100. Risk-off across the board.
Next support: $80,000. If that breaks, the next leg down is fast and ugly.
$BTC
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