Bitcoin ETF Outflows Spark Caution Amidst Potential $150,000 Breakout Rumors

Bitcoin exchange-traded fund (ETF) outflows reached nearly 700 BTC last week, raising concerns among market analysts. This withdrawal coincides with a period of consolidation in the price of Bitcoin around $83,000, prompting mixed reactions about its future trajectory. Some experts anticipate a breakout towards $150,000, driven by historical trends and cyclical momentum, but others caution that current data suggests otherwise. The bearish signal from declining ETF exposure and retail investor hesitation is raising questions about the sustainability of this potential rally.