Fidelity FBTC: $51 Million Bitcoin ETF Outflow
Fidelity FBTC posts $51 million outflow while BTC holds $59986.54 with neutral RSI on 4h chart.
SourceAnalysis
Fidelity (FBTC) recorded a $51 million outflow in the latest Bitcoin ETF daily flow data released July 2 2026.
Price action on the 4h chart shows BTC at $59986.54 inside the Bollinger band with upper resistance at $60839.71. The 50-EMA at $60395.58 acts as immediate resistance while the 200-EMA at $65172.18 caps the longer-term structure. RSI at 52.16 remains neutral and MACD has printed a bullish golden cross at -174.52, suggesting any rejection at the upper band could target the 50-EMA support before the next directional move. Over the past six months similar outflows have coincided with brief consolidation phases rather than sustained crypto market crash scenarios, keeping BTC price prediction models focused on the $58k-$60k range.
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