CoinDesk (@CoinDesk): The #Bitcoin Trend Indicator is down about 20% since the spot #bitcoinETF launch peak.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC-30Negative
The #Bitcoin Trend Indicator is down about 20% since the spot #bitcoinETF launch peak. This suggests the market expected greater short term ETF inflows, CoinDesk Indices head of research @TGroth8 explains. Read his markets vibe check 👇 https://www.coindesk.com/markets/2024/01/24/vibe-check-the-sell-off-continues-coindesk-indices-todd-groth/?term=organic&utm_campaign=CoinDesk&utm_content=rt%2CCoinDesk+Indices%2Ceditorial&utm_medium=social&utm_source=twitter