Bitcoin faces resistance at $118K, but ETFs could push BTC price higher
Spot Bitcoin ETFs saw $260 million in inflows on Monday, extending a six-day streak that could fuel BTC price to finally break the resistance level at $118,000.
Key takeaways:
Bitcoin’s failure to rise beyond $118,000 points to strong resistance around this area.
Bitcoin ETFs recorded six days of consecutive inflows totaling $2 billion.
