Bitcoin ETF Outflows Hit Months-High While BTC Fights to Hold $80K
Bitcoin ETF outflows hit their worst seven-day average since mid-February, but this time BTC trades above $80K. Institutions sold into strength, not fear.
➤ Bitcoin ETFs experienced their largest weekly outflows since mid-February, with institutions selling assets as the price approached $80,000, indicating a 'sell into strength' strategy. ➤ On-chain analysis suggests a lack of strong conviction despite the price recovery, with significant overhead supply near $86,000 acting as a resistance level. ➤ Technical analysis highlights an ascending channel that Bitcoin is currently testing near $79,000; a break below this level could signal a structural shift and potential price decline.











