ARKB: Posts $20.3M Bitcoin ETF Outflow
ARKB records $20.3M outflow as BTC holds $82441.69 with bearish EMA50 resistance at $84005.55 and MACD death cross on 4h chart.
SourceAnalysis
ARKB posted a $20.3 million outflow in the latest Bitcoin ETF daily flow data.
BTC trades at $82441.69 below the EMA50 resistance at $84005.55 while the EMA200 sits at $82186.15 as support. The MACD death cross at -834.68 reinforces bearish momentum and RSI at 39.0 leaves room for further downside before any bounce. Price remains inside the Bollinger bands, with the lower band at $80605.99 now the near-term volatility target if selling pressure from ETF outflows persists.
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