Bitcoin ETF Outflows Surge, Fueling Market Concerns About a Potential Crash

Recent data reveals significant outflows from Bitcoin exchange-traded funds (ETFs), exceeding $2.8 billion since November 12th. This surge coincides with growing concerns about a market downturn. Experts attribute this trend to institutional selling and reduced retail participation, despite Bitcoin’s continued adherence to its ascending channel support. 📈 While the price remains above key support levels, the recent exodus of funds raises questions regarding the future trajectory of Bitcoin.