BTC Rally Despite ETF Outflows
Institutional selling pressure and ETF outflows are not deterring Bitcoin's potential rally towards $91,150.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
Despite ongoing institutional selling and ETF outflows, technical analysts remain constructive on Bitcoin's near-term trajectory. Trader Jelle has identified a weekly bullish divergence on both the standard RSI and stochastic RSI, with the stochastic beginning to curl upward — a setup that historically precedes momentum reversals. This divergence between price weakness and strengthening momentum indicators is being cited as a foundation for a potential move toward the $91,150 level.
When price and momentum indicators diverge, it often marks a transition point where selling exhaustion gives way to renewed buying interest, making these setups closely watched by technically-oriented capital allocators. ETF flow data and technical structure pulling in opposite directions creates a tension that tends to resolve sharply, amplifying moves in whichever direction ultimately dominates.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Trader Jelle noted Bitcoin has formed a weekly bullish divergence on both the regular RSI and stochastic RSI, with the latter beginning to turn higher. These are signs that selling pressure is weakening and the setup reinforces the strategy of continuing to dollar-cost average into Bitcoin while accumulating more."
"Bitcoin (BTC) trades at $77,290 with a $1.54 trillion market cap, acting as the anchor for the broader digital asset sector. Institutional buyers continue to absorb supply, though recent data on Bitcoin ETF flows highlights moments of volatility when funds record net outflows."
"Despite losing $1.26 billion in weekly ETF outflows, BTC successfully tested its middle Bollinger Band support at $75,029, setting up a potential squeeze toward the $91,150 zone as market dominance rises."