$BTC ETF OUTFLOWS TEST MARKET DEPTH ⚠️
Bitcoin briefly traded below 62,000 before recovering to 64,225, but persistent U.S. spot ETF outflows remain the key pressure point. Nearly 1B in weekly net withdrawals signals weaker institutional demand and raises the importance of liquidity conditions around current levels.
The recovery shows buyers are still active, but the flow backdrop remains cautious. Traders should monitor whether ETF redemptions slow or continue to pressure spot liquidity and broader risk sentiment.
Not financial advice. Manage your risk.
#Bitcoin #Crypto #ETF #Trading #MarketUpdate
📊
Bitcoin briefly traded below 62,000 before recovering to 64,225, but persistent U.S. spot ETF outflows remain the key pressure point. Nearly 1B in weekly net withdrawals signals weaker institutional demand and raises the importance of liquidity conditions around current levels.
The recovery shows buyers are still active, but the flow backdrop remains cautious. Traders should monitor whether ETF redemptions slow or continue to pressure spot liquidity and broader risk sentiment.
Not financial advice. Manage your risk.
#Bitcoin #Crypto #ETF #Trading #MarketUpdate
📊