Bitcoin: $1.3B ETF Outflows Accelerate at $71K
Bitcoin trades at $71.3K as sellers dominate spot markets and ETF outflows hit $1.3B, with 4h chart showing bearish MACD death cross and oversold RSI.
SourceAnalysis
Bitcoin trades at $71.3K under intensifying pressure as spot sellers take control and ETF outflows accelerate to $1.3B.
Fresh capital inflows have stalled, leaving structure intact yet momentum tilted firmly lower in the near term.
On the 4h chart, price tests lower Bollinger support near $69229.62 while EMA50 at $73611.33 and EMA200 at $76130.63 act as firm resistance; RSI at 18.15 signals oversold conditions and MACD at -1179.28 confirms the death cross, pointing to a likely bounce attempt before further downside continuation.
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