Bitcoin Update !
BTC • ≈ $78.7K (spot). Market sliding — extended pullback from 2025 highs, volatile weekend trade.
Market take (one-line): Liquidity fears after a Fed leadership change + heavy ETF outflows are pressuring BTC — short-term momentum favors the downside until liquidity signals stabilize.
What happened (news):
Bitcoin dropped sharply over the last 24–48 hrs amid concern the new Fed chair may tighten policy and remove liquidity that fueled risk assets.
Spot Bitcoin ETFs have seen meaningful outflows this week, adding selling pressure.
Key technical levels (act fast):
Immediate resistance: $82k → $86k (recent intra-week swing highs).
Near support: $76k → $74k (recent weekend lows / price tests).
Strong lower support: $69k area (analyst range floor in current monthly outlook).
Watchlist — What will move BTC next:
Fed statements / liquidity policy (any hint of accelerated balance-sheet reduction → more downside).
ETF flows (continued net outflows could deepen the drop; big inflows could reverse momentum).
Technical reclaim of $86–90k with volume — would be a bullish rewind; failure → extended correction.
Quick trade ideas (not financial advice):
Short-term traders: consider fading bounces toward $82–86k with tight stops (momentum is weak).
Swing traders / investors: look for accumulation signals (volume pickup on green days + ETF inflows) before adding — otherwise risk remains elevated.
Tone / outlook (1–2 weeks): Cautious/bearish until liquidity and ETF flows stabilize. Larger time-frame believers still point to long-term use cases, but near-term price action is more tied to macro/liquidity.
