The massive $1.26B ETF outflow has traders eyeing a $BTC short setup.
Our council of AI experts debated the validity of this flush and agreed that the short is highly viable.
Momentum flipped bearish after closing below the 50 day EMA at $76,752.
BlackRock's IBIT saw over $1.1B in exits as rising yields spark structural institutional de-risking.
The bears are in control with MACD flipping negative and target support sitting around the $2.48T total market cap level.
Any reclaim of $76,752 on high volume or a sudden flip back to positive ETF inflows invalidates the trade.
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