
Cam
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Where is Bitcoin going? So far, bitcoin:native has flipped the true AVWAP from resistance into support, and more buyers are lining the order books above $80k, a positive sign for the bulls. All of this has happened while Bitcoin spot ETF flows remained somewhat negative on a net basis. This changed yesterday as the ETFs pulled in over $500m net. If this is a turning point in flows for the ETF products, then "Uptober" could be back on the table. Either way, market participants are flashing buy signals above $80k; below that, it looks as if Bitcoin will be back in the $75k–$80k range.



