Bitcoin Slides Amid Shifts in ETF Flows, Consolidation Ahead

Bitcoin has experienced a significant decline over the past week, dropping nearly 5% to $75,830. This downturn can be attributed to shifting ETF flows, which have weighed on sentiment and pushed the market into oversold territory.

The current price of BTC is $76,008.97, with notable volatility at 6.57%. Short-term momentum has turned bearish as the price moves to the bottom of the weekly range, while daily indicators remain oversold but long-term structure remains bullish.

Looking ahead, the expected trading range for next week is $73,225 to $90,204, with key support at $74,967 and resistance at $77,663. This suggests continued consolidation near current levels, unless a breakout above local resistance occurs.