BTC Holds $81,200 Support Despite $1B ETF Outflow – Rebound Coming? 👀
Bitcoin closed at $81,378 (-0.1%) after trading in an $80,905–$81,626 range yesterday. ETH sits at $2,400 (-0.8%) with the total crypto market cap down to $2.69T (-0.6%).
The real story: US spot BTC & ETH ETFs saw over $1B in net withdrawals this October. The Oct 12–16 window alone dropped -$610M (ETH was the worst hit at -$320M, while BTC saw -$228M). Even a brief $109M BTC inflow on Oct 13 couldn't stop the overall selloff.
Why the pressure?
The recent CPI print plus the current Fed rate at 3.75–4.00% is triggering a risk-off sentiment. On-chain data shows 1,325 large whale transfers, with deposits ($589M) and withdrawals ($582M) nearly matching—a classic sign of market indecision.
• Fear & Greed Index: 55 (Greed is cooling down from 63)
• Whale Activity: One notable whale flipped along with $173M in BTC and $77M in ETH, chasing a recovery after a $10M loss last week.
My Take: If BTC firmly holds its $80,715 low, a push toward $84K is highly possible. However, a clean break below that support will likely test $79,180.
Are you buying this ETF dip? 👇
#BTC #ETHETFS #BitcoinDunyamiz #Whale.Alert #FearAndGreed
Bitcoin closed at $81,378 (-0.1%) after trading in an $80,905–$81,626 range yesterday. ETH sits at $2,400 (-0.8%) with the total crypto market cap down to $2.69T (-0.6%).
The real story: US spot BTC & ETH ETFs saw over $1B in net withdrawals this October. The Oct 12–16 window alone dropped -$610M (ETH was the worst hit at -$320M, while BTC saw -$228M). Even a brief $109M BTC inflow on Oct 13 couldn't stop the overall selloff.
Why the pressure?
The recent CPI print plus the current Fed rate at 3.75–4.00% is triggering a risk-off sentiment. On-chain data shows 1,325 large whale transfers, with deposits ($589M) and withdrawals ($582M) nearly matching—a classic sign of market indecision.
• Fear & Greed Index: 55 (Greed is cooling down from 63)
• Whale Activity: One notable whale flipped along with $173M in BTC and $77M in ETH, chasing a recovery after a $10M loss last week.
My Take: If BTC firmly holds its $80,715 low, a push toward $84K is highly possible. However, a clean break below that support will likely test $79,180.
Are you buying this ETF dip? 👇
#BTC #ETHETFS #BitcoinDunyamiz #Whale.Alert #FearAndGreed