BITCOIN: $635M LEFT SPOT ETFs. SHOULD INVESTORS WORRY? ⚠️
Bitcoin is facing a critical test of market confidence.
On October 22, US spot Bitcoin ETFs recorded approximately $635.6 million in net outflows, reversing the previous day’s $528.4 million in inflows.
Meanwhile, $BTC fell toward $81,000 as technology stocks sold off and leveraged long positions were liquidated.
One day of outflows doesn’t prove institutions have abandoned Bitcoin. But strong inflows mean little if selling pressure continues to overwhelm buyers.
The next move needs confirmation from both price and capital flows.
The question isn’t whether Bitcoin is cheap. It’s whether buyers are willing to defend these levels.
#bitcoin #BTC #CryptoMarket #MannequinCrypto
Bitcoin is facing a critical test of market confidence.
On October 22, US spot Bitcoin ETFs recorded approximately $635.6 million in net outflows, reversing the previous day’s $528.4 million in inflows.
Meanwhile, $BTC fell toward $81,000 as technology stocks sold off and leveraged long positions were liquidated.
One day of outflows doesn’t prove institutions have abandoned Bitcoin. But strong inflows mean little if selling pressure continues to overwhelm buyers.
The next move needs confirmation from both price and capital flows.
The question isn’t whether Bitcoin is cheap. It’s whether buyers are willing to defend these levels.
#bitcoin #BTC #CryptoMarket #MannequinCrypto