Analysts Suggest Bitcoin Cooldown and ETF Outflows Indicate Rotation, Not Exit, Amid Geopolitical Concerns
Analysts Suggest Bitcoin Cooldown and ETF Outflows Indicate Rotation, Not Exit, Amid Geopolitical Concerns
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Despite Bitcoin holding below $78,000 and experiencing over $1 billion in spot ETF outflows for a second consecutive week, analysts contend that institutional interest has not disappeared. They interpret the current market behavior as a rotation rather than an exit. The market is also reportedly rattled by speculation surrounding a potential U.S.-Iran deal.