Hello Guys 😎
#Bitcoin started the day with a 2% pullback after a volume-free weekend.
Although we see small declines from time to time, Coinbase continues to buy without caring about these declines. Coinbase has been insisting on buying for about 2 months and has not sold yet.
On the other hand, ETF purchases reached a new peak last week.
Since the ETF approval, net 314 thousand BTC purchases have been made and this number continues to increase.
It is very good that ETF inflows and Coinbase purchases continue and this data shows that the long-term outlook is positive.
In the short term, $60k is our most important support level. As long as this area is maintained, the positive trend will continue.
There were closings above $65k, but since it was the weekend, the closings were not voluminous. We will also need a voluminous closing above $65k for the rise to accelerate.
I will update frequently throughout the week, friends. I wish everyone a good week and plenty of earnings.