🔥 $BTC sits at the crossroads of short-term pressure and long-term strength. Here’s a clear breakdown:

📉 ETF outflows: No major fundamental damage — institutions are taking profits, though a dip toward the $84.5K area remains possible.

🏛 Regulation: The U.S. and U.K. are moving closer to clearer regulatory frameworks. Short-term uncertainty, but a long-term positive for adoption.

🐳 On-chain signals: Whales are tightening supply, while miners continue selling, adding some near-term downside pressure.

⚖️ Bottom line: Volatility may persist in the short run, but Bitcoin’s scarcity narrative and improving regulatory clarity continue to support the next phase of the cycle.

The real question: Can #BTC absorb ETF selling without slipping below $80K?

Liquidity and macro conditions will decide in the months ahead 🚀📉

$BTC