The biggest Bitcoin funds were both on the sell side yesterday.
Fidelity’s FBTC saw $152.7M leave, BlackRock’s IBIT lost $110.9M, and total US spot Bitcoin ETF outflows reached $261.4M.
That matters because only a day earlier the funds had brought in $175.7M. Institutional demand is not building a trend — it is reacting session by session.
BTC is feeling that uncertainty and has slipped toward $81.4K.
Macro is adding pressure too. September inflation accelerated to 3.7%, putting another Fed hike back on the table just as the market was starting to hope the tightening cycle might cool.
For me, the next decision is happening around $81K–$81.5K.
If that area survives, a move back above $83K would show buyers are still willing to absorb the ETF selling. If it fails, the market may need to search for a lower base before another recovery attempt.
The flow data turned negative again. Now price has to show whether that selling has already been absorbed.
PROtrading ☄️