Why is Bitcoin’s ‘MOAR’ narrative heating up? ETFs, whales & more…
Bitcoin's price held above the $60K support level, with technical indicators showing recovery. U.S. Bitcoin ETFs saw over $500 million in net inflows on February 25, led by BlackRock and Grayscale, signaling renewed institutional confidence. Whale accumulation accelerated, with large holders increasing their positions, reducing circulating supply. A potential bullish golden cross and rising derivatives activity suggest growing momentum. A break above $72K could trigger a new upward phase, while a drop below $60K may delay the long-term bullish outlook targeting $500K.
ambcrypto02/26 23:31
