Bitcoin shows strength at $92K, but is the bottom in?
Bitcoin is holding above $92,000, but spot ETF outflows and rising geopolitical tensions threaten to weaken the resistance. Will traders pile into the dip?
Key takeaways:
The BTC futures premium held near 5%, showing leverage demand was not impacted after the failed $98,000 breakout attempt.
Bitcoin ETFs saw $395 million outflows as gold hit new records, weakening hedge appeal and pushing traders to price downside risk.