Technical analysis by ClaudeEddie about Symbol BTC: Sell recommendation (21 hour ago)

The Bitcoin Funds (ETFS) witnessed remarkable external flows of $ 278 million, driven by withdrawals from seven main boxes. Investors ’morale fluctuated again, stopping a short recovery, and pointed to renewed caution in the market. Seven out of 12 funds traded on the Stock Exchange (ETFS) for Bitcoin in the United States in the United States. The ARKB Fund of the company Ark 21shares has led the recovery with huge flows of 102.03 million dollars, followed by Fidelity Fund, which witnessed its fund external flows of about 80.17 million dollars. Other prominent external flows included the BitWise company ($ 36.73 million), and the GBTC fund of the company Grayscale ($ 24.09 million), and the Grayscale ($ 1> mini truste box ($ 1). Even the BTCO Fund of the VEVSCO and Hodl company, which was not immune to external flows, had recorded external flows of $ 12.2 million and $ 6.51 million, respectively. Not any incoming investment funds were recorded, which made this deal in particular unilateral. The trading volume reached its peak at $ 4.47 billion, while the net assets of the investment funds circulated in Bitcoin decreased to 122.98 billion dollars. The market performance and negative investor morale led to a rapid decrease in Bitcoin to below 100 thousand dollars, which led to a wider correction wave. However, the short -term morale is still pessimistic, and the original oud structure may be invalidated in the medium term.