Fidelity FBTC: 5.5M Daily Outflow
Fidelity FBTC posted 5.5 million outflow. BTC trades at 63079.34 with RSI at 26.48 and bearish MACD on 4h chart.
SourceAnalysis
Fidelity (FBTC) recorded a 5.5 million dollar outflow in the latest Bitcoin ETF daily flow data from @FarsideUK.
Bitcoin price sits at 63079.34 inside the Bollinger band on the 4h chart. Price remains below both EMA50 at 69582.83 and EMA200 at 74679.52, confirming the bearish trend structure. RSI at 26.48 signals oversold conditions while MACD prints a deep negative -2302.63 death cross. Traders now watch the lower band support at 60886.9 for any relief bounce before the next leg lower in BTC price prediction models.
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.
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