Bitcoin: $290M ETF Net Outflow on May 15

Bitcoin ETF flows recorded a total net outflow of $290.4 million on May 15, driven by IBIT at -$136.2 million, ARKB at -$52.5 million and GBTC at -$43.6 million, extending institutional distribution that has weighed on price action over the past year. Price currently trades at $79110.52 beneath the EMA50 resistance of $80204.62 while the MACD death cross at -344.71 keeps downside momentum intact inside the Bollinger Bands, with the lower band at $78143.86 now acting as the immediate target before any sustained recovery attempt in BTC price prediction models.