JUST IN: 🇺🇸 The top 5 new spot Bitcoin ETFs now own a combined 195,862 $BTC worth over $9.3 BILLION 🤯
This is already more than the 190,000 $BTC Microstrategy holds.
Bitcoin has climbed above the $48,000 mark, marking a positive development. However, it's crucial to note that this level serves as a significant resistance zone, extending up to $50,000. Additionally, $50,000 is a psychological barrier for traders. It remains to be seen how the price will respond as it approaches this resistance area.
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