Bitcoin ETF: $56M Net Outflow Hits Incomplete Data
Bitcoin ETF: BlackRock IBIT leads $56.2M outflow on Aug 14 with only three funds reported; custody wallets shed 2,015 BTC as BTC trades at $63117.99.
SourceAnalysis
Bitcoin ETF flows for August 14 remain incomplete, with only BlackRock IBIT, Fidelity FBTC and Bitwise BITB reporting so far for a net -$56.2M subtotal.
Tracked ETF custody wallets dropped 2,015 BTC worth roughly $126.1M in the last 24 hours while nine additional funds stay silent.
Price action on the 4h chart shows BTC at $63117.99 inside a bearish structure defined by EMA50 at $63692.89 and EMA200 at $63690.18; MACD has printed a golden cross yet RSI sits at 40.77, leaving the market vulnerable to further downside before any sustained recovery.
With price testing upper Bollinger resistance at $63777.02 while RSI flashes neutral, a healthy retracement toward the 50-EMA support at $63692.89 appears probable before continuation, especially as US Bitcoin ETF flows and broader crypto market volatility continue to dictate short-term direction.
Onchain Lens
@OnchainLensSimplifying onchain data for the masses