Bitcoin: ETF Outflows Hit $1.3B Amid Spot Selling
Bitcoin trades at $71.3K as ETF outflows reach $1.3B and spot sellers dominate, stalling fresh capital inflows.
SourceAnalysis
Bitcoin trades at $71.3K as spot sellers dominate order flow and ETF outflows accelerate to $1.3B.
Fresh capital inflows have stalled, leaving structure intact yet tilting momentum toward the downside in the near term.
Price sits at $62688.84 below the EMA50 at $63831.6 and far under the EMA200 at $71018.81, confirming the bearish trend structure. With the MACD printing a bullish golden cross at -268.23 and RSI neutral at 51.2, the market tests the upper Bollinger Band resistance at $64164.31; a rejection here points to a retracement toward the lower band support at $60808.36 before any sustained move higher.
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