📉Bitcoin Price Weakens as Traders Expect More Downside

⚠️Bitcoin has dropped nearly 6%, falling from $82K to around $76.8K, and market data suggests this is more than just a normal correction. Since May 7, U.S. spot Bitcoin ETFs have recorded over $1.5 billion in outflows, showing strong institutional selling pressure. Traders are aggressively selling in both spot and futures markets, while demand for protective put options is rising fast — a sign that investors fear Bitcoin could see a deeper decline ahead #Ecoprotocol$76.7MHack #SECTokenizedStockExemption #RussiaDumaCryptoMonitoringBill $BTC

BTC
BTCUSDT
77,555.1
+1.19%