{"id":29288,"date":"2026-05-14T09:30:00","date_gmt":"2026-05-14T08:30:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=29288"},"modified":"2026-05-14T18:39:17","modified_gmt":"2026-05-14T17:39:17","slug":"bitcoin-etf-sell-off-analysis","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-etf-sell-off-analysis\/","title":{"rendered":"Bitcoin ETFs sell off $635 million: How low will Bitcoin go?"},"content":{"rendered":"\n
Bitcoin (BTC) is currently trading in a mid range around $79,700<\/strong>, showing a slight bullish variation of +1.3%<\/strong> over the last 24 hours. Despite this timid bounce, the digital asset remains under pressure. The massive outflow of $635 million<\/strong> from spot ETFs in a single day represents the largest capital flight since late January, a potentially bearish<\/strong> signal from institutional investors.<\/p>\n\n\n This capital hemorrhage comes at a critical technical moment. The price of Bitcoin recently suffered a violent rejection at its 200 day moving average (SMA 200), located around $82,500<\/strong>. This zone now acts as a formidable resistance<\/strong>. If selling pressure intensifies, the next safety net is found at the support<\/strong> of $75,000<\/strong>, which corresponds to the 50 day moving average.<\/p>\n\n\n\n Technical indicators, such as the RSI, are showing bearish divergences on high timeframes,<\/strong> raising the specter of a flush out of overleveraged long positions in the coming days.<\/p>\n\n\n\n This institutional panic also stems from the fact that the SP500 seems to be hitting a wall at $7,400<\/strong>. The fear of a crash has taken over and investors are now on the defensive.<\/p>\n\n\n\n Faced with this uncertainty, two scenarios are emerging for the leading cryptocurrency. From an optimistic perspective, a deviation above the famous $82,500<\/strong> resistance before a broader bearish reversal. This is notably the preferred scenario of trader Killa on X.<\/p>\n\n\n\n
How High Can the Price of Bitcoin (BTC) Go?<\/h2>\n\n\n\n