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📉 ETF Selling Still Weighs on Bitcoin! 📈
$BTC ’s decline hasn’t been random.
ETF distribution has remained a consistent source of pressure throughout this bear cycle.
Since October 10: • Bitcoin: -45%
• ETFs sold: 108.5K BTC
• Net outflows: $9.3B
The interesting part is that each major distribution wave has been similar in size and has often been followed by another leg lower in price.
👀 ETF flows remain one of the most important indicators to watch, as institutional demand and selling pressure can significantly influence Bitcoin’s market direction.
#Bitcoin #BitcoinPricePrediction #MarketAnalysis