Bitcoin Price Stabilizes Near $100,000 Amidst ETF Outflows

Despite large withdrawals from Bitcoin-based exchange-traded funds (ETFs), the price of Bitcoin has remained relatively stable around $100,000. Analysts predict a potential bottom near $95,000 followed by a rebound in price. This stability coincides with signs that the selling momentum may be slowing down, indicated by reduced ETF outflows. Analysts believe this could signal a bullish reversal in the market.