📉 #bitcoin Update
Bitcoin is currently trading around $86,772, down 0.41% over the last 24 hours, as ETF-related flows continue to weigh on price action.
Market Snapshot:
💰 Market Cap: $1.73T (-0.37%)
🔄 24h Volume: $39.9B (-11.9%) → participation is cooling
🪙 Circulating Supply: 19.96M BTC → scarcity remains strong
🧠 What this means:
Ongoing ETF outflows are applying consistent sell-side pressure, while declining volume shows that spot buyers are hesitant to step in aggressively. This combination is keeping BTC capped in the short term, even though the long-term fundamentals remain solid and unchanged.
📊 Outlook:
As long as ETF selling persists and volume stays muted, Bitcoin is more likely to consolidate, chop, or grind sideways rather than start a clean trend. The next impulsive move will likely come only when volume expands and ETF flows stabilize.
⏳ Key takeaway:
This is a market for patience and discipline, not overprediction. Let liquidity and volume confirm the next direction.
