Bitcoin Price Prediction: BTC Faces Pressure Near $75K as IBIT Outflows Hit Eight-Day Streak

• Bitcoin defends $75K support as technical momentum continues weakening ahead.
• Open interest stabilizes as traders rebuild Bitcoin positions carefully near support.
• BlackRock ETF outflows deepen institutional pressure on Bitcoin prices across markets.

Bitcoin continues facing mounting pressure after failing to reclaim the $82,800 resistance zone earlier this month. The latest correction pushed BTC toward the $75,000 region, where traders now watch for signs of stabilization. At the same time, institutional sentiment weakened as BlackRock’s spot Bitcoin ETF recorded another day of heavy outflows. 

Bitcoin Holds Critical Support as Momentum Weakens

Bitcoin traded near $75,600 during Tuesday’s session while remaining below major short-term moving averages. The asset continues trading under the 20-day EMA near $77,800 and the 50-day EMA around $76,700. Consequent…

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