Bitcoin Price Forecast As ETF Inflows Plummet – Is A Bear Market Initiating?
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Ahmed Balaha
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If things are shaking right now, you're not thinking about it.
Even Bitcoin's most vocal supporter, Michael Saylor, has recently appeared under tension in the public eye. One viewer said it was the first time he was nervous about Bitcoin.
Bitcoin is down more than 27% this month, while ETF data is flashing warning signs.
US Bitcoin ETFs have seen six consecutive days of outflows of more than $3.2 billion over the past 30 days.
That figure is coming off the worst month on record, with November spending totaling $3.5 billion, and so far there's little indication that sentiment has turned.
All of this price action has led many to believe that this is the start of a bear market.
Analyst Against Wall Street believes that Bitcoin's current price action is accurately reflecting the late bull run and early bear market from the last cycle.
If this indeed reflects the early stages of a bear market, the next Bitcoin price move could be decisive.
Bitcoin Price Prediction: Don't miss this support level and it could be good.
Bitcoin recently broke out of a short-term downtrend channel and is now grinding against $71k resistance there.
That's the standard. Throw in $71K cleanly, and this whole structure starts to look like a trend change, not just a transfer.
Above that, $80k is the next magnet, then $90k and $98k is not even crazy, this is crypto after all.
The damage is still $64K as the real level bulls have to defend.
Lose $60K and it's a whole new story. As things stand, the structure is evolving and pressure is building. He feels that Bitcoin will demand higher once conditions improve.
In these truly boring situations, attention usually shifts to something else. This Bitcoin Hyper is now on fire, raising more than $31 million and still in pre-sale.
Bitcoin feels heavy. Bitcoin Hyper feels different.
Capital is not lost as Bitcoin grinds around key levels and waits for macro stimuli. It rotates.
Instead of simply holding and waiting, marketers want something fast, flexible and flexible.
That's exactly the line on which Bitcoin Hyper ($HYPER) was built.
Bitcoin Hyper is a Bitcoin-focused Layer-2 powered by Solana technology, designed to make BTC faster, cheaper and of course usable for payments, apps and staking, without compromising Bitcoin's core security.
It maintains the power of the Bitcoin brand but adds the speed and utility that modern markets expect.
And momentum is already building. The Bitcoin Hyper presale has raised more than $31 million so far, with $HYPER being sold at $0.0136751 before the next increase, and the reward is up to 37%.
If this cycle rewards adaptation over patience, Bitcoin Hyper is positioned for the next capital outflow.
Visit the official Bitcoin Hyper website here
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