BlackRock's $5.7M Bitcoin ETF Outflow Sparks Bearish Sentiment
BlackRock's IBIT posted a $5.7 million Bitcoin ETF outflow on August 14, 2026, indicating ongoing institutional selling in spot products.
The price of Bitcoin is currently trading at $63,354.25 within the Bollinger band, with its EMA50 at $64,055.87 acting as immediate resistance and EMA200 at $63,719.36 capping upside potential.
The MACD death cross at -270.48 suggests a bearish 4-hour structure, while the RSI at 39.72 leaves room for further downside toward the lower band support at $63,099.57 before any relief.