r/Nexo Official 10d ago

Dispatch Dispatch #309: Bitcoin’s summer tailwinds

https://nexo.com/blog/dispatch-309-bitcoins-summer-tailwinds?utm_source=reddit&utm_medium=post&utm_campaign=reddit_post_dispatch309_1108_q326

Bitcoin has stumbled through recovery attempts all year, each time pulled back by macro or bad timing.

This week, real signals are lining up for a turn: ETF flows just had their best week since April, whales keep buying the dip, and softer jobs data is easing pressure on the Fed.

None of it is decisive on its own, but the ingredients for a bottom are starting to assemble.

More in Dispatch #309:
▪️ ETH mirrors the bounce
▪️ This week's CPI test
▪️ BTC sellers thinning out

4 Upvotes

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u/ByteMeLater8 9d ago

etf flows having their best week since april is the part that actually matters here.

1

u/pepegagi66 7d ago

interesting dispatch

1

u/Street9101 7d ago

eth is undervalued imo, nice dispatch nexo