“The market appears to be rising extra snug with the outflows from Mt. Gox and the German authorities. The spot Bitcoin ETFs at the moment are seeing robust inflows once more, indicating indicators of a development reversal. That is additional supported by the RSI, which reveals that the undersold stage we highlighted a couple of days in the past was seen as a possibility by buyers,” Valentin Fournier, analyst at BRN, mentioned in an electronic mail.
