Bitcoin Price Prediction: Is IBIT’s Dominance a Warning Sign for BTC’s Rally?
- BTC price prediction stays bullish above $77,992, needs $81,233 cleared to extend the rising channel
- This week’s ETF inflows already hit $651.93M in two days, on pace to challenge last week’s $1.92B record
- Ben Cowen says a further drop before year-end is still possible, despite buying BTC himself since July
Two days into this week, Bitcoin ETFs have already pulled in $651.93M, more than a third of last week’s $1.92B total. That pace matters more than today’s 0.09% dip. BTC is still consolidating inside the rising channel that’s held since August 20, and whether ETF demand keeps up this pace through Friday says more about the setup than the daily candle does.
Bitcoin Price Analysis: Will Bitcoin Price Go Up Inside Its Rising Channel?
BTC has climbed inside a rising channel since August 20, with higher lows and highe…
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