Bitcoin ETFs See $465 Million Outflow in Two Days, Led by BlackRock's IBIT
📊 BLK — Piyasa Yorumu
▼ down · 65%The news highlights significant outflows from BlackRock's Bitcoin ETF (IBIT), which could create short-term pressure on BLK shares. Technically, while the RSI is neutral at 55, the MACD remains below the signal line, and the price is trading below the 50-day moving average. Despite a 1.5% rise in the last 24 hours, the negative sentiment may lead to a pullback toward the $1,050 support level. However, the magnitude of the outflows should not be overstated, as such flows can cause short-term volatility.
📊 BTC — Piyasa Yorumu
▼ down · 60%The outflow of $465 million from Bitcoin ETFs over two days, led by BlackRock's IBIT fund, may be interpreted as a short-term negative signal. Although the RSI stands at 54.7, indicating a neutral zone, the MACD has fallen below the signal line, pointing to weakening momentum. While the price remains above the 20- and 50-day moving averages, providing some support, the ETF outflows and weakening MACD suggest a potential downward move in the short term. However, the decline may be limited.
📊 MSTR — Piyasa Yorumu
▼ down · 70%MSTR, given its high correlation with Bitcoin, is negatively impacted by the significant outflows from Bitcoin ETFs. Technically, the price is trading below both the 20-day and 50-day moving averages, and while the RSI at 35 is approaching oversold territory, momentum remains weak. The MACD line is below the signal line and in negative territory, confirming a short-term bearish trend. The 9% decline in the last 24 hours indicates sustained selling pressure. Therefore, further downside movement can be expected over the next 1-3 days.
📊 COIN — Piyasa Yorumu
▼ down · 70%The news indicates significant outflows from Bitcoin ETFs, which is a negative signal for COIN stock. Technical indicators also support this view: the price is trading below both the 20-day and 50-day moving averages, and the MACD has issued a sell signal. The RSI at 41 is in neutral territory but has not yet approached oversold levels, suggesting the downtrend may continue. The 11% decline in the last 24 hours points to intense selling pressure. In the short term, the bearish trend is expected to persist.