Bitcoin Hits a Wall

Bitcoin Hits a Wall

ecoin metrics here sharing a great chart
it says when the demand coming from ETFs
is flat Bitcoin gets stuck it’s amazing
to see how much of a catalyst the
Bitcoin ETFs were because they did drive
the price massively until they didn’t
until demand basically hit a wall
fascinating behavior from these Bitcoin
ETFs so far I really like seeing it it’s
really interesting obviously want them
to go back up and more people come and
buy but those sales teams they’re still
out there they’re still having those
conversations Morgan Stanley’s training
the 15,000 Brokers to start pushing
Bitcoin all that kind of stuff right
ecoin metric saying when the demand
coming from ETFs is flat Bitcoin gets
stuck from January to mid-march the ETFs
accumulated more than 200,000 coins
during that time Bitcoin went from4 to
$75,000 from mid-march to now the net
inflows for the ETFs are flat and BTC is
stuck in the $60,000 range all we have
to do get some more demand coming in

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