$BTC What is happening with Bitcoin: selling pressure intensifies

Bitcoin is trading at $103,687, with an accumulated drop of 2.4% over the last two days. The movement reflects a search for liquidity in the range between $103,000 and $100,000, where large buy orders are concentrated.

• Technical indicators show a correction pattern, with RSI at 41 and MACD crossing downwards.

• On-chain transaction volume fell by 9%, while the average value per transfer rose to $38,200.

• BTC ETFs recorded a net outflow of $180 million in the last 48 hours.

The market is monitoring support at $101,500 and possible institutional reactions in the coming days.

BTC

69,164.55

+2.73%