Yesterday, it was mentioned that if there is still good buying power when the $BTC price is declining, it might indicate that investors' preference for Bitcoin is starting to increase. Indeed, it can be seen that even though BTC's price did not strike above 80,000 dollars yesterday and has retraced a bit, the buying power of the spot ETF is still quite strong.
BlackRock's investors continue to make four-figure purchases, the selling volume remains very low, with only two institutions selling and four buying, which indeed shows that there are still some investors who believe that buying Bitcoin, which has lagged behind the gains during the rise of the US stock market, could present an opportunity.
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