Selling Pressure on Bitcoin: Why Isn't the Price Rising Despite ETF Inflows?

Despite approximately $3.8 billion in inflows into Bitcoin exchange-traded funds (ETFs) over the past three weeks, the cryptocurrency's price is struggling to surpass the $80,000 level. During a period when institutional investors are accelerating their buying activity, the scale of selling pressure in the market is noteworthy. This stands out as one of the key factors limiting the upward movement of the price. Market analysts note that ETF inflows are a strong demand signal, but the current selling pressure is balancing this demand, causing the price to remain range-bound. In particular, sales by large-scale investors or miners are preventing the price from breaking above the $80,000 resistance. This situation has shifted market participants' attention to the resistance zone between $83,000 and $86,000. In the coming period, U.S. inflation data will be critical for the direction of the cryptocurrency market, as it could be decisive for the Federal Reserve's (Fed) interest rate decisions. Inflation coming in above expectations could lead the Fed to tighten monetary policy, which could put pressure on risky assets. Conversely, softer inflation could strengthen expectations of rate cuts, potentially boosting demand for Bitcoin. Bitcoin's failure to surpass the $80,000 level is creating divergent expectations among investors. Some analysts predict an upward breakout following the current consolidation, while others warn that the price could decline further if selling pressure persists. The market's direction appears largely dependent on macroeconomic data and the policy path the Fed will follow. This is not investment advice.

📊 COIN — Piyasa Yorumu

▼ down · 55%

The news headline points to selling pressure in Bitcoin and ETF outflows, with price gains remaining limited, which could create a negative perception for crypto-related stocks. In technical indicators, the RSI is in neutral territory (49.9), and the price is just above the SMA20 and SMA50, but the MACD remains below the signal line, indicating weakening short-term momentum. Despite the 4.5% increase over the last 24 hours, the cautious sentiment generated by the news and mixed signals from technical indicators could make it difficult for the uptrend to continue. Therefore, in a 1-3 day perspective, the probability of the price pulling back from current levels appears higher than an upward move. However, since there is no strong bearish signal, the confidence level is maintained at moderate, even though the direction is downward.

RSI 14

49.9

MACD

0.94

24h Δ

4.56%

📊 BTC — Piyasa Yorumu

▼ down · 55%

The headline highlights that selling pressure continues despite ETF inflows, with the price failing to advance, indicating a weak short-term outlook. Technical indicators support this view: the RSI at 47 is in neutral territory but slightly weak, while the MACD is negative and below its signal line, suggesting downward momentum. The price is trading just below the SMA20 and SMA50, implying that resistance levels are nearby and upside may be limited. The slight decline over the last 24 hours and the negative tone of the news suggest that the downward trend may continue in the short term. However, the positive impact of ETF inflows and the price being near critical support levels could prevent a deeper decline, hence the confidence level is kept moderate.

RSI 14

47.1

MACD

-7.15

24h Δ

-0.22%

📊 MSTR — Piyasa Yorumu

▼ down · 60%

The headline indicates that Bitcoin is under selling pressure, with prices failing to rise despite ETF inflows. As MSTR is a stock with high correlation to Bitcoin, this negative news could weigh on its price in the short term. Technically, the RSI at 64.6 is approaching overbought territory, and a sharp 14% rally in the last 24 hours increases the risk of profit-taking. The MACD is positive, but momentum may be weakening. Therefore, a sideways or slightly bearish trend is expected in the short term.

RSI 14

64.6

MACD

4.07

24h Δ

14.23%

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Selling Pressure on Bitcoin: Why Isn't the Price Rising Despite ETF Inflows?

📊 COIN — Piyasa Yorumu

📊 BTC — Piyasa Yorumu

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