Bitcoin Back To $105,000 As Ethereum, XRP, Dogecoin Regain Ground On $500M ETF Inflows

Bitcoin has tapped $105,000 on Wednesday morning, despite the Crypto Fear and Greed Index slipping deeper into the fear zone at 26.

$421.6 million in positions have been liquidated in the past 24 hours.

Spot Bitcoin ETFs recorded $523.9 million in net inflows on Tuesday, while Ethereum ETFs saw $107.2 million in net outflows.

Is Bitcoin In Trouble?

Lennaert Snyder noted that Bitcoin’s rejection at $107,200 and loss of support near $104,700 triggered short setups on the retest.

He suggested that reclaiming $105,300 could signal renewed strength and open the door for a move back to $107,200, …

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