a laAlert: $BTC At $63K Decision Point After $4.4B ETF Drain
Thirteen days of ETF outflows pulled $4.4B from $BTC. Streak ended on a $3M reversal. That's noise, not recovery.
Channel support is broken. Elliott Wave targets a bounce to $67K-$77K, then wave 3 drops to $39K-$23K. Fibonacci confluence at 38.2%-78.6% confirms the bounce zone.
2022 channel breaks had immediate aggressive follow-through. $BTC has consolidated for weeks instead.
$63K holds or the $39K scenario activates.
STH losses elevated. Hashrate rolling. Fear extreme.