$164.3M Bitcoin ETF Outflow Amid Weak Momentum for BTC
The Bitcoin ETF ARKB has seen a significant outflow of $164.3 million in its latest daily flow data from Farside Investors.
The price of BTC is currently holding at $76,925.93, below the EMA50 resistance level of $78,542.24.
The MACD death cross and weak RSI reading of 32.78 indicate that momentum remains weak, suggesting a potential test of lower Bollinger support near $76,740.85.