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Bitcoin Eyes $80,400 Support After Weekend Rebound, Following Nearly $730M in ETF Outflows
Bitcoin traded near $82,900 in PerpFinder's snapshot at 09:36 UTC on October 10, CryptoSlate reported. Traders are closely watching whether a weekend rally will bring new leverage or further position liquidations. US spot Bitcoin ETFs saw total outflows of nearly $730 million between October 7 and October 8, with $484.9 million on October 7 and $244.1 million on October 8. However, on October 9 (Friday), ETFs recorded net inflows of $21.1 million. Analysis suggests that if Bitcoin falls below $80,400, it could retest $80,000.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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