Bitcoin funding spike shows longs defending $70K: Will ETF outflows reverse bulls’ efforts?
Hex37's read
- Bitcoin price nearing critical support around $70,000.
- Long futures traders attempted to defend the $75,000 level.
- ETF outflows may be impacting Bitcoin's bullish momentum.
What it means for traders
- A break below $70,000 could trigger further downside for BTC.
- Observe ETF flows for potential shifts in Bitcoin's trend.
Affected markets
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