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Bitcoin shows strength at $92K, but is the bottom in?

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 149 Views

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 a failed $98,000 breakout attempt.

Bitcoin ETFs saw $395 million in outflows as gold hit new records, weakening hedge appeal and pushing traders to price downside risk.

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