Bitcoin price struggles below $71k, but Morgan Stanley may add ETF support within weeks

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“While nearly 1 Billion dollars of ETF outflows last week certainly brought retracement to the market, the price volatility is well within normal ranges for Bitcoin,” said Michael Silberberg, Head of Investor Relations at Alt Tab Capital. “While the initial record-breaking inflows may begin to slow, it is worth remembering that these ETFs have just launched, and it will take a while for RIAs, marketers, and wealth managers, in general, to be allocated into the space.

According to X user Max, founder of BB Wealth Management, an emerging fractal pattern suggests that this sideways price action is but a temporary pause before an exponential price increase.swept the previous cycle ATH, pulled back, & then went on to rocket upward upon the Q2 open. Perhaps the same things happen 7 years later...

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Source: Digital Coin News (digitalcoinnews.net)

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