Bitcoin ETF Outflows Peak Since November: Potential BTC Price Bottom?
According to reports, U.S. Bitcoin ETFs have experienced their largest weekly outflows since November. This development is noted as a potential signal that the price of Bitcoin may be nearing a local bottom. The increased redemptions could indicate a shift in market sentiment, often associated with price stabilization or reversal in the cryptocurrency market. Market participants are closely monitoring these flows to gauge future price movements.
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