$BTC Heavy ETF outflows threaten Bitcoin support as risk aversion spreads.
Resistance: $78,285. Lose $77,502 -> $77,111 comes into focus.
My view: I am cautious about buying dips right now. Waiting for selling to dry up feels safer.
Why: Spot ETFs saw $643.2 million in outflows following the Binance hack.
Bearish below $78,285.
Source: Decrypt
[#BTC ](https://www.binance.com/square/hashtag/BTC)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)
Resistance: $78,285. Lose $77,502 -> $77,111 comes into focus.
My view: I am cautious about buying dips right now. Waiting for selling to dry up feels safer.
Why: Spot ETFs saw $643.2 million in outflows following the Binance hack.
Bearish below $78,285.
Source: Decrypt
[#BTC ](https://www.binance.com/square/hashtag/BTC)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)