Bitcoin Price Prediction: BTC ETFs Posted Three Straight Inflows for the First Time Since May
The post Bitcoin Price Prediction: BTC ETFs Posted Three Straight Inflows for the First Time Since May appeared on BitcoinEthereumNews.com. Bitcoin ETFs posted three consecutive daily inflows, the first such streak since May 4-6, ending an 8-week selling run exceeding $8.6B BlackRock’s IBIT led with $54.80M on July 7 as total daily inflows hit $21.44M US and Iranian forces exchanged fresh strikes overnight, pushing oil up 3.3% and lifting the dollar Bitcoin trades at $62,741.45 on July 8, down 0.92%, after getting rejected at the top of its descending channel even as ETF inflows turned positive for a third straight session. Is BTC Getting Rejected At The Channel Top Again? BTC 1D Price Action (Source: TradingView) The daily chart shows BTC inside a descending channel that has broken down three times in 2026, with price currently pressing against the upper trendline after recovering from the June 25 low near $58,000. Analyst Ali Charts flagged the rejection explicitly, noting BTC is get