🚨 BITCOIN MARKET UPDATE
Bitcoin is consolidating around the $89K level as weekly Bitcoin ETF outflows approach ~$500M, signaling notable short-term pressure from institutional products.
📉 What’s happening: • Nearly $500M in net ETF redemptions over the past week
• Institutional selling is capping upside momentum
• Price action remains range-bound near a key psychological level
🔍 What to watch next: The near-term trend will hinge on buyer strength at major support zones and whether ETF flows stabilize or reverse in the coming sessions.
