Everyones panicking, but BTC is only down 10%and they show a zoomed-out chart? Talk about selective vision! Its like saying, My diet is fine because I only gained 10% weight this week! Meanwhile, the real punchline is that altcoins are crumbling while Bitcoin stands firm.
The title is kinda misleading. I was expecting to see something about "ETF flows".
Perhaps you could elaborate, mentioning a thing or two about the ETFs and whether the ETF inflows have cause the current market drop.
As per this tracker:
https://blockworks.co/bitcoin-etfThere are still billions of dollars flowing into ETF and so even if we are in a dip, this institutions are taking advantage of it and continue to buy.
So I don't think that the market is panicking, yeah, it's big correction if you look at it, from $102,000 down to $92,000. But we have a brief respite and now the price is trading sideways around $95,000.
Might be better to see how the market will go, specially after Trump assumed office on the 20th.