Fidelity FBTC: $16.6M Bitcoin ETF Outflow
Fidelity FBTC posted a $16.6 million outflow. Bitcoin trades at $77008.46 with EMA50 resistance at $77131.09 and neutral RSI at 53.38.
SourceAnalysis
Fidelity (FBTC) recorded a $16.6 million outflow in the latest Bitcoin ETF daily flow data.
BTC price action shows a bearish trend structure as the asset holds near $77008.46, sitting below the EMA50 at $77131.09 while the EMA200 provides support at $74582.34.
With price testing upper Bollinger resistance at $77760.42 while RSI flashes neutral at 53.38 and MACD registers a bullish golden cross at -177.69, a healthy retracement to the 50-EMA support at $77131.09 appears probable before further continuation. Bitcoin ETF flows and BTC price prediction models now factor this outflow directly into short-term crypto market analysis.
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