Bitcoin: ETF outflows persist, and the rise slows down

Bitcoin rebounded on Monday after hitting $80,595 on Sunday, but its recovery quickly lost strength. The price briefly exceeded $83,000 before falling back below $82,000. This movement comes as investors monitor capital outflows from US ETFs and the lack of new buyers. Despite the sales slowdown, several indicators highlight a still fragile market, while operators remain cautious about downside risks. On Monday, the market avoided the crash feared by some observers, nicknamed “ Black Monday “. After intense selling pressure, Bitcoin climbed over $2,000 from its low of $80,595 reached on Sunday. This progress allowed the price to temporarily break above $83,000. However, buyers did not manage to maintain this momentum throughout the session. Daily charts show that the $83,000 resistance quickly slowed the advance.

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