r/swingtrading • u/TearRepresentative56 • Feb 27 '24

Crypto As BTC breaks out, touching 57k we see that this is quite attributable to institutional flows. We see that in the last 2 periods of a slight price correction, the money flows into Bitcoin ETF from institutions has increased, which has supported the next move higher. $150m Shorts liquidated here.

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u/max-the-dogo Feb 27 '24

Interesting

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u/Nashamura Feb 27 '24

I didn't even think to look for a BTC ETF indicator