đš BITCOIN BLEEDING: WHY THE TAPE IS UGLY RIGHT NOW đš
$BTC is taking a massive beating because risk assets are dumping globally. Nasdaq is in freefall and crypto gets zero mercy.
â ïž Macro pressure is REAL. The Fed is hawkish, keeping liquidity tight. No rate cuts coming soon.
â ïž Spot $BTC ETFs are seeing heavy outflows. Institutions are reducing exposure, not buying the dip.
â ïž Technicals are wrecked. $BTC decisively lost the 100-week MA (~$85Kâ$87K). Sellers own the tape.
If $84Kâ$85K breaks, analysts are calling $74K next. Short-term pain is NOT over. Expect a dip toward $80Kâ$82K. Fundamentals still solid, but brace for impact.
#BitcoinCrash #MacroPain #CryptoDump #RiskOff #ETFOutflows đ

BTCUSDT
Perp
68,845.6
+3.66%