Spot Bitcoin ETFs saw $526.65 million of net outflows over four trading days, while analysts and trader Killa flagged $61,000-$61,500 as a key near-term support zone after Bitcoin failed near $65,700.
Bitcoin fell about 3.8% over the past week to around 91 million won on Upbit, or roughly $63,075, as a hawkish Federal Reserve rate hold and sustained spot Bitcoin ETF outflows weakened risk appetite. The market stayed in the low $64,000 range globally, with major altcoins also posting weekly declines. Technical pressure increased after Bitcoin was rejected twice near $65,700, and trader Killa said the next support to watch is $61,000-$61,500; if that area fails, he said Bitcoin could drop toward $54,000-$56,000.