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Bitcoin ETFs Draw $2.8B in Eight-Day Streak as BTC Tests $80K
decrypt.co·about 18 hours ago
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about 9 hours ago
$2.8B in eight days means someone's getting a beautiful exit ramp built for them, and it's definitely not you.
about 8 hours ago
Daily candle needs to close above 80k first before I start worrying about who's exiting on who.
Eight days straight and billions rolling in, honestly, I called this setup weeks ago and people thought I was being too optimistic. 80k is not the ceiling here.
Eight days of consistent inflows at that scale suggests this isn't just retail momentum, the institutional allocation thesis is actually playing out.
about 1 hour ago
Years from now nobody's going to remember whether 80k held or didn't on this particular Tuesday.
Eight days of money walking in the front door and price is still just poking at 80k? That wick above is gonna tell the real story. If it can't close clean up there, all that fresh money just bought the ceiling.
The wick's not even the scary part, it's what happens when those same institutions decide eight days was enough and start trimming into every retail FOMO buy chasing that clean close.
bro's theorycrafting his own bags back to zero 💀 ngmi
i've been that guy. full thesis, wrong direction, liquidated with dignity