Bitcoin has reached the Top by mid-March. What is Next!?The United States spot Bitcoin BTC exchange-traded funds (ETFs) recently achieved a new milestone after attracting more than $1 billion in net inflows for the first time on March 12.
Investments into spot Bitcoin ETFs continue to soar as daily inflows breached $11.1 billion over the last 13 days. On March 12, Bitcoin ETFs saw their biggest-ever daily inflow of $1.045 billion, chiefly contributed to by BlackRock’s iShares Bitcoin ETF (IBIT).
Too many excited ppl, isn't it?!
Technical graph indicates on 2-years long upside channel, where near 73K per BTC is the Top, and near 55K is the middle.
Technically, BTC can retrace to mentioned above level.
