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Bitcoin: Despite Significant ETF Withdrawals, $90,000 in Sight?

Bitcoin: Despite Significant ETF Withdrawals, $90,000 in Sight?

Photo: Cointribune

The crypto market is going through a fascinating arbitration phase between institutional capital and technical signals. While exchange-traded funds, Bitcoin ETFs, show red outflows exceeding $82 million in 24 hours, bitcoin’s price structure continues to form one of the most powerful bullish patterns in its history. Recent nervousness around Fed decisions and inflation figures has left its mark on institutional investors. According to the latest data from SoSoValue, Bitcoin ETFs recorded net outflows of $82.39 million in 24 hours, bringing total assets under management to $104.29 billion.

Source: Cointribune

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