🚨 #Bitcoin ETF Outflows Raise Bear Market Fears! 🚨
$BTC is under pressure as #ETF outflows hit $500M in a day, fueling concerns of a prolonged bear market. Institutional investors are shifting strategies, while failed state-level BTC reserve plans add to the uncertainty.
🔻 Arthur Hayes warns BTC could drop to $70K before rebounding
🔻 #Strategy & other #BTC -heavy firms see stock declines
🔻 ETF outflows at a 5-month high, totaling $585M last week
Will this downturn be short-lived, or is a deeper bear market ahead? 🤔👇 #Macro Insights#




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