Bitcoin: Spot ETF Outflows Hit Cycle Lows as Price Falls

US Spot ETF flows have swung back to persistent net outflows, with the 7-day average now near the weakest levels of the cycle. The shift in flows has coincided with BTC retracing from $82K to $69K, highlighting materially softer demand.

BTC trades at $69676.81 on the 4h chart, testing lower Bollinger support at $69908.9 while EMA50 at $73802.97 and EMA200 at $76191.7 act as firm resistance in the bearish structure. MACD death cross at -1039.64 reinforces downside momentum even as RSI at 20.17 prints oversold, pointing to exhaustion rather than immediate reversal before any sustained recovery in Bitcoin ETF flows or broader BTC price action.