$BTC Bitcoin Faces Fresh Market Pressure as ETF Outflows Continue
Bitcoin is trading around $73,500 as investors remain cautious following stronger-than-expected US inflation data.
Continued spot Bitcoin ETF outflows, declining futures open interest and expectations of tighter Federal Reserve policy are putting pressure on the market.
Traders are closely watching the $72,700 support area. A recovery above $74,000–$75,000 could improve short-term sentiment.
The next major catalyst is Friday's US PPI inflation report.
The market needs stronger buying momentum before a sustainable recovery can develop.
$BTC #HuangExitNvidiaStrategyInFocus #AnthropicRejectsIPODelayValuationinQuestion #CoreWeaveJumps10%On168%RevenueGrowth #TradFiForBeginners #USJoblessClaimsRise
trade on $BTC
Bitcoin is trading around $73,500 as investors remain cautious following stronger-than-expected US inflation data.
Continued spot Bitcoin ETF outflows, declining futures open interest and expectations of tighter Federal Reserve policy are putting pressure on the market.
Traders are closely watching the $72,700 support area. A recovery above $74,000–$75,000 could improve short-term sentiment.
The next major catalyst is Friday's US PPI inflation report.
The market needs stronger buying momentum before a sustainable recovery can develop.
$BTC #HuangExitNvidiaStrategyInFocus #AnthropicRejectsIPODelayValuationinQuestion #CoreWeaveJumps10%On168%RevenueGrowth #TradFiForBeginners #USJoblessClaimsRise
trade on $BTC