Bitcoin must break this level to resume bull market as $2.4B in BTC leaves exchanges

Quick Summary:

Spot Bitcoin ETFs have seen inflows for eight straight days, totaling  $896.6 million.“ETF's have taken a positive turn since March 14th, and so has $BTC and altcoins,” said market data provider Santiment. “This is the first streak of this length in 2025.”💸📈 ETF's have taken a positive turn since March 14th, and so has $BTC and altcoins.

Over 27,740 Bitcoin (BTC) worth $2.4 billion were withdrawn from exchanges on March 25, the highest daily outflow since July 31, 2024. Meanwhile, US spot Bitcoin exchange-traded funds (ETFs) continue their inflow streak, suggesting that institutional demand is making a comeback.

Popular analyst Decode stressed the importance of this trendline, saying that the moving average is the “most important level right now for Bitcoin.”Meanwhile, co-founder of trading resource Material Indicators, Keith Alan, said that Bitcoin has to reclaim the 2025 yearly open at around $93,300 to confirm a path toward all-time highs.

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Article Details

Author / Journalist: Cointelegraph by Nancy Lubale

Category: Crypto

Markets: United States

Topics: Bitcoin Whale Exchanges 2024 Level Moving Bull Market Price March Must

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 11:30:00 (3 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 635 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27350941

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