ETF outflows of $1 billion like
$BTC Drop below $84 thousand, a fragile weekly setup
The loss of Bitcoin at the $84 thousand level is accompanied by a strong outflow of $1 billion from spot ETFs, a clear sign of cautious positioning and risk aversion, and not impulsive selling. The breakdown cuts through a previously reliable weekly support, shifting the structure to a visibly fragile state.
Technically, $84 thousand is now a vulnerable flip zone. The price is descending below the weekly EMA range, momentum is cooling, and the weekly RSI is gently reversing from stretched levels, all signs of a worn trend. Selling volume has increased with the shift, reinforcing that this is not an empty breakdown.
Below the current price, the region of $80 thousand to $78 thousand remains a dense and high-demand pocket formed during previous consolidations. Above, between $88 thousand and $90 thousand is the heavy resistance range that needs to be reclaimed to restore strength.
The weekly close is the real verdict:
A close above $84K would signal a shallow deviation and failure to break
A close below confirms structural damage and increases the chances of a deeper pullback
For now, the tape looks unstable and reactive. The direction is decided at the weekly close, not in the noise between the candles.
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