Bitcoin ETFs $2 Billion Outflows Could Push BTC Into Capitulation
Intensifying $2 billion outflows from Bitcoin ETFs are pressuring BTC's price, raising fears of a market capitulation below $100,000.Summary
Bitcoin's price is struggling near $100,000, exacerbated by significant outflows from spot Bitcoin ETFs, which totaled approximately $2 billion over the past week. This surge in withdrawals reflects weakening institutional risk appetite amid macroeconomic uncertainty and rising Treasury yields, suggesting investors are de-risking rather than accumulating. On-chain data shows Bitcoin's supply in profit has dipped to about 71%, near levels that historically precede market consolidation or deeper declines if losses increase. If outflows continue and the price breaks below the $100,000 psychological support, BTC could test $98,000 or even $95,000, signaling capitulation. A sustainable rebound requires renewed ETF inflows to push the price toward $105,000 and $110,000 resistance.
(Source：BeInCrypto)