Bitcoin holds near $77,700 as ETF outflows signal fading support at higher levels

Bitcoin holds near $77,700 as ETF outflows signal fading support at higher levels

Bitcoin remained near $77,700 as subdued selling and a tougher macro environment capped its recovery above $80,000. Analysts highlighted the upcoming US Federal Reserve decision, elevated volatility, and key support levels around $76,000 and $71,000. Meanwhile, mixed on-chain and retail sentiment signals suggested caution among crypto investors ahead of key events.

Bitcoin Holds Steady Around $78K Amid ETF Outflows

Bitcoin holds at $78K despite ETF outflows and spot selling pressures. Here's how market dynamics are shaping the outlook.

Bitcoin Holds Near $77,500 as Institutional Support Weakens at Higher Prices

Bitcoin is holding near Rs. 74.2 lakh as subdued selling offers some stability, while recent ETF outflows indicate weaker institutional support at higher prices. On-chain data shows older holders are not selling heavily, but a tougher macro backdrop and the upcoming Fed decision could keep the market volatile.