🪙BTC 🪙ETH

On October 16, Bitcoin spot ETFs recorded a net outflow of $82.39 million, of which $71.78 million came from BlackRock’s IBIT.

Ethereum spot ETFs recorded a net outflow of $69.68 million—the third consecutive day—with the entire outflow coming from BlackRock’s ETH.

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#BTC WEEKLY TF UPDATE:

#BTC is likely to close the candle bearish with a rejection wick from the weekly support. Price can move weekly to weekly, and looking at the trend, it is bullish, so next week might see a reversal, but all depends on the weekly closing.