#Bitcoin Historical Accumulation Zone
Historically, major #BTC corrections have formed their bottoms around the 100 SMA on the 2-week chart.
Could price go lower? Absolutely.
But trying to sell the exact top and buy the exact bottom is usually a losing game.
The goal is to recognize when long-term opportunities start appearing.
#Bitcoin ETF outflows are accelerating.
Many blame @saylor for the recent weakness, but Strategy sold only 32 BTC.
Approximately $1B in ETF outflows over the past two sessions is a much bigger source of selling pressure.
At the same time, the @coinbase Premium remains weak, showing limited spot demand from U.S. investors.