Bitcoin spot ETFs post record $730,000,000 inflow matching pre-top patterns

Bitcoin spot ETFs recorded their largest daily inflow in nearly eight months on September 3rd. The inflow totaled $730.87 million. TedPillows said Bitcoin formed a local top shortly after the two prior occasions when daily ETF inflows exceeded $700 million. Alex Adler Jr. said total net capital inflow over the past month was about 105K BTC equivalent. Alex Adler Jr. said US spot ETFs contributed about 42.8K BTC in net flows. He said that amount represented 41% of the total. DonAlt believes Bitcoin is in bull territory. He said the market has not begun a deep corrective move. DonAlt said deep pullbacks occur when bulls are proven wrong. DonAlt predicted Bitcoin will reach as high as $90,000 before a meaningful pullback. He said he could see a move from $90,000 to $70,000.