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Mimi 🤎🩷
When BTC fell back from 87,000, who exactly was buying around 82,000?
After the rate hike landed on September 16, BTC first surged to 87,000, then steadily declined, touching around 82,000 during yesterday's session. (Today as well)
But I've been observing a small detail these past two days.
BTC is being pushed down, yet the buy orders below haven't noticeably dispersed.
1. On September 21, ETF net inflows approached 1 billion.
2. On the 22nd, there were still over 700 million.
