Bitcoin: $236.5M ETF Outflow Hits on Sep 1
Bitcoin ETF flows record $236.5 million net outflow led by IBIT at $201.2 million, with BTC at $77496.12 on bearish 4h structure.
SourceAnalysis
Bitcoin ETF flows posted a $236.5 million net outflow on September 1, driven by IBIT at -$201.2 million and FBTC at -$43.7 million while BITB added $8.4 million.
BTC price sits at $77496.12 inside the Bollinger band with upper resistance at $79170.07 and lower support at $77141.61. Price action tests the EMA50 at $77568.04 against the EMA200 at $71684.09 while MACD prints a death cross at -200.43 and RSI holds neutral at 42.51. With price pressing upper Bollinger resistance while the death cross confirms bearish momentum, a retracement toward the 50-EMA support at $77568.04 appears probable before any continuation attempt in BTC price prediction models.
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