Bitcoin eyes $90,000 despite $82M ETF outflows amid bullish price pattern.
Bitcoin ETFs saw $82.39 million in outflows within 24 hours, reflecting temporary institutional caution amid Fed and inflation concerns. However, Bitcoin's price is forming a strong bullish pattern called a falling wedge, suggesting a potential breakout towards $87,000 and then $90,000. Analysts note that if support holds, Bitcoin could enter a parabolic rise phase aligned with historical post-halving cycles, potentially reaching new highs by late 2026. A break below support might lead to a brief dip to $70,000, offering a last accumulation opportunity before a major rally.
Bitcoin ETFs saw $82.39 million in outflows within 24 hours, reflecting temporary institutional caution amid Fed and inflation concerns. However, Bitcoin's price is forming a strong bullish pattern called a falling wedge, suggesting a potential breakout towards $87,000 and then $90,000. Analysts note that if support holds, Bitcoin could enter a parabolic rise phase aligned with historical post-halving cycles, potentially reaching new highs by late 2026. A break below support might lead to a brief dip to $70,000, offering a last accumulation opportunity before a major rally.
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