🚨 Bitcoin Weekly Outlook: BTC Slips Below $90,000 Amid ETF Outflows & Macro Pressure

Bitcoin is trading below $90,000, down nearly 5% this week, as ETF outflows and tightening macro conditions continue to weigh on price despite brief risk-on sentiment from geopolitical headlines.

Key Facts

BTC is holding below $90K, losing key short-term support

US-listed spot Bitcoin ETFs recorded $1.22B in weekly outflows, the largest since Nov 2024

Strong US GDP (4.4%) and sticky inflation reduce expectations for near-term Fed rate cuts

Rising Japanese bond yields triggered a global risk-off move

Market Behavior

Bitcoin is behaving like a high-beta risk asset, not a hedge

Capital rotated into Gold & Silver (new ATHs) while BTC and equities pulled back

Momentum indicators remain bearish:

RSI (Weekly ~40 / Daily ~42)

MACD bearish crossover intact

Key Levels to Watch

🔻 Support: $87,800 → $86,200 (100-week EMA)

❌ Breakdown risk below support: $80,600

🔺 Recovery resistance: $90,000 → $91,900 (50-day EMA)

Offsetting Signal

Strategy (MSTR) added 22,305 BTC ($2.13B), reinforcing long-term institutional conviction

Expert Insight

Short-term pressure is driven by liquidity and macro tightening, but historically, sharp ETF outflows tend to occur near late-stage corrections rather than cycle tops.

Bias

📉 Short-term: Bearish / consolidation

📈 Medium–Long term: Accumulation zone if $86K holds

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