Bitcoin: ETF outflows hit $4B as BTC drops to $72.5K Bitcoin fell to around $72,500 after spot Bitcoin ETFs recorded more than $4 billion in outflows since May 7, marking one of the largest institutional selloffs in recent months. Key catalysts * US spot Bitcoin ETFs saw over $4 billion leave since early May. * This week alone, ETF outflows reached roughly $1.4 billion. * Investors are rotating into AI-related stocks and traditional markets. Why it matters * Bitcoin has lost about 3.2% and the broader crypto market has shed roughly $150 billion during the recent decline. * BlackRock's ETF recorded one of its largest daily outflows since launch. * Bitcoin is now trading below its 50-day moving average, signaling weakened momentum. Bullish signal? * Historically, extreme ETF outflows have often marked local market bottoms. * Similar heavy withdrawals in November 2025 were followed by a strong BTC rebound. * Some analysts view the current panic selling as a potential contrarian buy signal. Key levels * Current price: ~$72,500 * Major support: $65,000 * Resistance: $77,000 (50-day MA) Outlook * Short-term sentiment remains bearish due to ETF outflows, inflation concerns, and capital flowing into equities. * However, if history repeats, the current wave of institutional selling could create a buying opportunity once selling pressure exhausts itself. 📉➡️📈