Bitcoin ETF Daily Inflow Hits $556M as BTC Appears Primed for Breakout
Briefly

Bitcoin (BTC) exchange-traded funds (ETFs) posted inflows of $555.86 million on Monday, according to data provider SoSoValue, amid signs of a possible bitcoin rally.
Traders are becoming increasingly optimistic that BTC will challenge its all-time high by the end of the year, with an optimistic sentiment reflected in prediction market contracts.
As CoinDesk reported earlier, one technical indicator called the 'three-line break chart' shows Bitcoin could be on track to break past $73,000.
Prediction market traders have become more optimistic about BTC's price potential in the last week, with a notable shift in the contracts regarding BTC's new all-time high.
Read at Coindesk
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