BTC/USD Signal 11/08: Bitcoin Wavers as ETF Inflows Coincide

Created on August 11, 2026

Bearish view

• Sell the BTC/USD pair and set a take-profit at 60,000.

• Add a stop-loss at 66,875.

• Timeline: 1-2 days.

Bullish view

• Buy the BTC/USD pair and set a take-profit at 66,875.

• Add a stop-loss at 60,000.

Bitcoin price wavered on Tuesday, even as American investors continued rotating to the coin following the recent Coldcard hack. The BTC/USD pair was trading at 64,000, a few points below the July high of 66,875.

Bitcoin Price Wavers Despite ETF Inflows as Strategy Sells Again

BTC/USD was under pressure even as American investors rotated to the coin. Data shows that these funds added over $850 million last week, a trend that continued on Monday.

These inflows jumped as investors reacted to a recent Coldcard hack that has led to over $130 million in losses. There are concerns that Bitcoin is no longer safe now that coins in a cold wallet have been lost. Still, despite this, Bitcoin’s network is still safe and has continued to operate as it has always been.

In addition to the Coldcard hack, investors are concerned that their coins will be hacked by quantum computing models in the future.

Bitcoin wavered as geopolitical risks rose during the weekend. Iran issued a list of demands for it to reopen the Strait of Hormuz. It said that the Strait will only open once the US pays reparations, ends the blockade, and releases its seized assets. As a result, crude oil prices jumped, with Brent, the global benchmark, rising to $87.7.