Bitcoin struggles to hold $80,000 as ETF outflows weigh on sentiment

  • Bitcoin struggles to hold above $80,000 amid ETF outflows and macro pressure.
  • $85,000 is the next upside level Adam identified after a possible pullback.
  • Adam cited Federal Reserve remarks, U.S.-Iran conflict and falling volatility as market challenges.

Bitcoin is finding it increasingly difficult to remain above $80,000 as persistent ETF outflows, heavy selling pressure and a fragile macro backdrop weigh on sentiment. Greeks.live researcher Adam said renewed buying by Strategy may offer only short-term support and is unlikely to alter Bitcoin’s longer-term trend. He pointed to hawkish remarks from the Federal Reserve and escalating conflict between the U.S. and Iran as additional challenges for investors. Adam also said short-term volatility is declining rapidly, reducing the likelihood that a single sharp rebound could sustain a bull market. He expects Bitcoin may need a pullback before attempting to move above $85,000; otherwise, arbitrage traders and sellers could increase downside pressure as month-end GEX, or options-market gamma exposure, builds.

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Bitcoin struggles to hold $80,000 as ETF outflows weigh on sentiment - CoinPost Terminal