🚨 $82 million exits Bitcoin funds… Is a sharp downturn returning?
💸 U.S. Bitcoin funds recorded net outflows of $82.4 million on October 16.
📉 $BTC fell to around $81,700 in morning trading, amid continued market pressure.
🔥 Binance futures trading volume approached $10 billion over 24 hours.
⚠️ The return of negative flows raises questions about the strength of institutional demand and buyers’ ability to defend support levels.
👀 Will Bitcoin hold above $80,000, or will we see another wave of liquidations?
Follow $BTC ’s price movements and liquidity via Binance.
#BTC #Bitcoin
💸 U.S. Bitcoin funds recorded net outflows of $82.4 million on October 16.
📉 $BTC fell to around $81,700 in morning trading, amid continued market pressure.
🔥 Binance futures trading volume approached $10 billion over 24 hours.
⚠️ The return of negative flows raises questions about the strength of institutional demand and buyers’ ability to defend support levels.
👀 Will Bitcoin hold above $80,000, or will we see another wave of liquidations?
Follow $BTC ’s price movements and liquidity via Binance.
#BTC #Bitcoin