Been noticing something interesting with bitcoin ETF flows lately. There was this massive exodus of about $1.22 billion over a four-day stretch back in February 2026, which honestly felt like the biggest weekly bitcoin ETF outflows we'd seen in months. What caught my attention is that historically, when you see this kind of heavy outflow action, it often marks a local bottom for BTC. Like, back in November, we saw a similar $1.22 billion exit and bitcoin was sitting around $80,000 before bouncing back up. Same thing happened in March 2025 when it dipped to $76,000 right before things got messy with the tariff situation. Even further back in August 2024, bitcoin bottomed near $49,000 during that whole yen carry trade mess. So the pattern seems pretty consistent - big outflows tend to signal capitulation, which can be a bullish setup. Right now BTC is trading around $66.60K, and what's interesting is that the average cost basis for ETF holders is sitting at $84,099. That level has historically acted as key support, so worth keeping an eye on whether we see any bounces from here. The whole thing makes you wonder if we're getting close to another washout before the next leg up.

BTC0,77%
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