Bitcoin: Record $4.4B ETF Outflows Extend Streak

Bitcoin ETF outflows hit a record $4.4B this week, the longest streak on record, with half the supply now underwater at November 2022 levels while AI industry impact pulls liquidity away from crypto.

Long-term holders continue accumulating even as BTC price prediction models watch for inflow reversals that would confirm the bottom; meanwhile Kalshi posted $1B in week-one volume on its new CFTC-approved BTC perp, a product dYdX pioneered and regulators have now validated, with Kraken and Coinbase set to follow. On the 4h chart Bitcoin trades at $65784.5 inside the Bollinger Bands with the upper resistance at $67203.97 and lower support at $62680.43; the EMA50 at $64510.2 acts as immediate support while the EMA200 at $69580.95 caps upside, and the MACD golden cross at 812.87 keeps the structure bullish even as RSI at 58.27 shows room before overbought conditions trigger a healthy retracement to the 50-EMA.