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BTC Market Pulse: Week 40
Published Source: Glassnode InsightsRead original
Crypto Insight Summary: Bitcoin trades near $84k after a week that closed about 4% higher. ETF inflows carried the gain while perpetual traders and profit-takers sold into it, and Monday's dip takes price back to the lower end of its range. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ETF inflows offset by profit-taking, creating balanced market conditions.