Bitcoin faces growing difficulty holding above $80,000 as persistent ETF outflows and broader macro pressure weigh on sentiment, according to Greeks.live researcher Adam. He said renewed buying by Strategy may offer only short-term support and is unlikely to change Bitcoin’s longer-term trend, adding that selling pressure remains heavy.
Adam said the broader backdrop remains fragile, with hawkish remarks from the Federal Reserve and escalating conflict between the U.S. and Iran challenging investors. He also noted that short-term volatility is falling quickly, making it difficult for a single sharp rebound to sustain a bull market. In his view, Bitcoin may need a pullback before attempting a move above $85,000, otherwise arbitrage traders and sellers could intensify downside pressure as month-end GEX builds.
ETF Outflows and Macro Pressure Cloud Bitcoin’s Hold Above $80,000
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