$BTC Bitcoin faces heavy headwinds as ETF outflows threaten deeper drops below range support.
Resistance: $84,199. Lose $82,805 -> $82,107 comes into focus.
My view: I would not chase minor bounces here. A test of lower support looks possible.
Why: Bitcoin ETFs posted $386.3 million in net outflows in early October.
Bearish below $84,199.
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: $84,199. Lose $82,805 -> $82,107 comes into focus.
My view: I would not chase minor bounces here. A test of lower support looks possible.
Why: Bitcoin ETFs posted $386.3 million in net outflows in early October.
Bearish below $84,199.
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)