$BTC is trading near $79,605 on Binance, down 1.60% over 24 hours.
Recent news highlights $635.6 million in U.S. spot Bitcoin ETF outflows on October 22. (theblock.co)
The 4-hour chart shows lower highs and lower lows, suggesting short-term weakness.
Watch $79,390, the daily low; a sustained break could extend the decline.
Reclaiming $80,000–$80,400 would improve the outlook, with resistance near $81,034.
For now, the bias remains bearish until BTC shows a confirmed recovery.
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