$13.5B drained from Bitcoin's ETF in 9 consecutive days - is the Bitcoin bull run losing steam?
A record 9th day of ETF outflows has left Bitcoin underperforming risk assets, signaling a worrying trend in demand. With nearly $13.5B withdrawn from ETFs, the market is taking note. This data is more than just a statistical blip - it highlights a growing concern over the asset's long-term prospects.
Smart money is already taking heed, with analysts predicting a 10-15% correction in the coming weeks. This downward pressure on Bitcoin is set to continue until it breaks above $43,000 and reclaims key support levels. #BitcoinETF #MacroMarketAnalysis
The forward signal is clear: a sustained push below $39,500 will see Bitcoin testing its crucial year-to-date lows. Can you afford to sit on the sidelines as the market takes this bearish turn?