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🩸BEARISH

Bitcoin ETF Outflows Hit $635M — Biggest Single-Day Exodus in 105 Days as BTC Clings to $79K

Spot Bitcoin ETFs recorded a single-day net outflow of $635 million, the largest withdrawal in 105 days, as BTC trades…

Spot Bitcoin ETFs recorded a single-day net outflow of $635 million, the largest withdrawal in 105 days, as BTC trades near $79,538 — roughly 28–30% below its all-time high. The move has rattled institutional confidence and forced a hard look at the technical structure: the $79,000 level is the immediate line in the sand, and a confirmed daily close below it opens a direct path toward the $74,000–$75,000 demand zone where significant on-chain accumulation has historically clustered.

On the upside, $85,000 remains the first meaningful resistance wall. Bitcoin has failed to sustain momentum above that level through several attempts this cycle, and current ETF outflow data suggests institutional buyers are not aggressively defending higher prices. Binance analysts have flagged that media sentiment and influential commentary are amplifying short-term supply-demand swings — adding a…

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