Bitcoin ETFs: $94.94M Daily Outflow Hits

Lookonchain data showed Bitcoin ETFs recorded a 1-day net outflow of 1,156 BTC valued at $94.94 million on October 19, with the 7-day total reaching 2,926 BTC or $240.41 million; Ethereum ETFs saw even steeper 1-day and 7-day outflows of 36,378 ETH ($87.51 million) and 130,684 ETH ($314.39 million) respectively.

Bitcoin trades at $82003.53 inside its Bollinger Bands with the upper resistance at $82779.18, while the EMA50 at $82313.76 and EMA200 at $82075.89 define the bearish structure; neutral RSI at 49.8 combined with the MACD golden cross at -21.98 suggests any test of upper-band resistance will likely meet selling that pulls price back toward the 50-EMA support before the next directional move.