Is the Crypto Market Walking Into a Bull Trap? Bitcoin ETF Records Five Straight Days of Outflow

Image: Cryptonews
Bitcoin’s latest recovery attempt is running into a serious problem: institutional investors are pulling money out of the market. U.S. spot Bitcoin ETF recorded five consecutive days of net outflows, shedding $1.44 billion between November 5 and November 11. Bitcoin is now trading near $73,500, struggling to reclaim the $75,000 level. Bitcoin ETF outflow streak raises a bigger question: Is the crypto market walking into another bull trap? The timing is particularly concerning. Bitcoin briefly reclaimed $80,000 on November 4 before reversing sharply the following day. Crypto has since struggled to regain momentum, leaving us questioning buyers’ decisions and whether we are stepping in too early. The latest Bitcoin ETF withdrawals included $430.2 million on November 5, followed by another $411.9 million on November 6.
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