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The Nexus
BUSINESSMay 13 · 15:21 UTCR/CRYPTOMARKETS/u/Crypto_Signal_Radar

BTC Just Dropped from 81.6k to 79.6k — Was It the $364M ETF Outflow Data or a Technical Break? Trying to Understand the Causality.

Bitcoin's price dropped from $81.6k to $79.6k, possibly due to a $364M ETF outflow or a technical break below the $79.9k support level. The market is waiting to see if today's ETF data will show a reversal. The distinction between the two possible causes may matter for understanding the next move.

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