Everyone is happy as $BTC just overtake $77k this morning, but you need to look at who is actually selling right now



We just got our fifth straight rejection from the $82k zone and dropped to last week's support

But here is the real red flag that is #ETF flows.

Over $2 billion has exited the funds in the last six trading sessions

BlackRock’s IBIT alone just sell over $1 billion

Retail is trying to blindly catch the falling knife while the biggest asset managers in the world are actively de-risking and rotating out

$77.5k was our support zone last week. Today, it’s resistance

If we can't reclaim $80k on the daily close this downside move isn't over and the low $70K is next

Keep your position sizing small

The big money is stepping back

Do Your Own Research

#btc@btc #Bitcoin
BTC1.44%
IBIT1.17%
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