
CQ: The average cost of investments (MBA) by investors who entered the market after the approval of ETFs is now acting as a key support level for the current BTC price, and we are observing a rebound from this zone.
Although various data suggest that the bottom has not yet been reached, the massive inflow of institutional capital through spot ETFs is a factor that simply did not exist in previous cycles. As a result, it is worth considering the possibility that the current downtrend may unfold differently than we have observed in the past.
#BTC #ETF