Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #1
Bitcoin holds $79,900 support as ETFs absorb supply
Original: $BTC holds $79.9K support as retail capitulates and paper longs drop 57%. Spot ETFs stealthily absorbed 87K BTC, signali
Bitcoin is holding a key support level around $79,900 while retail traders capitulate and paper long positions fall 57%. Spot ETFs have reportedly absorbed 87,000 BTC during the decline, which analysts describe as a possible structural macro bottom. Traders are watching whether institutional buying can offset the retail sell-off.
Why now: Bitcoin's price is testing a critical support level and ETF flows suggest institutional accumulation
BitcoinSpot ETFsretail traders
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/3834719