Bitcoin Price Prediction: Sellers Tighten Control As Spot Outflows Hit $358M
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- Bitcoin falls to $86,460 as spot outflows surge to $358M, reinforcing heavy distribution.
- Price remains capped under all major EMAs with the downtrend intact and sellers defending every rebound.
- BTC approaches the $84k–$82k demand zone that will define whether the correction deepens or stabilizes.
Bitcoin price today trades near $86,460 after a sharp breakdown that dragged the market through a key intraday trendline. The move follows a heavy spike in spot outflows, signaling that sellers are accelerating distribution as price approaches the critical $84,000 to $82,000 demand zone.
Spot Outflows Signal Continued Distribution
Coinglass data shows $358.26 million in net outflows on December 1. This marks one of the largest exit days in weeks and confirms that liquidity continues to leave the market rather than enter it.
The …
Read The Full Article Bitcoin Price Prediction: Sellers Tighten Control As Spot Outflows Hit $358M On Coin Edition.
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Coins
$ 85.56K
-6.32%
$ 0.00547
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In This News
Coins
$ 85.56K
-6.32%$ 0.00547
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Why is Crypto Market Down Today?
Bitcoin Slides Below Key Levels as Short-Term Holders Face Deep Losses
Bitcoin Price Prediction: Sellers Tighten Control As Spot Outflows Hit $358M
Share:
- Bitcoin falls to $86,460 as spot outflows surge to $358M, reinforcing heavy distribution.
- Price remains capped under all major EMAs with the downtrend intact and sellers defending every rebound.
- BTC approaches the $84k–$82k demand zone that will define whether the correction deepens or stabilizes.
Bitcoin price today trades near $86,460 after a sharp breakdown that dragged the market through a key intraday trendline. The move follows a heavy spike in spot outflows, signaling that sellers are accelerating distribution as price approaches the critical $84,000 to $82,000 demand zone.
Spot Outflows Signal Continued Distribution
Coinglass data shows $358.26 million in net outflows on December 1. This marks one of the largest exit days in weeks and confirms that liquidity continues to leave the market rather than enter it.
The …
Read The Full Article Bitcoin Price Prediction: Sellers Tighten Control As Spot Outflows Hit $358M On Coin Edition.
In This News
Coins
$ 85.56K
-6.32%$ 0.00547
Share:
In This News
Coins
$ 85.56K
-6.32%$ 0.00547
Share:
Read More
Why is Crypto Market Down Today?