2024

Bitcoin ETF

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<p>The post <a href="https://coinpedia.org/news/bitcoin-news-institutional-outflows-signal-major-btc-price-crash/">Bitcoin News: Major September Selloff Looms as Fear Index Plummets!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In September, Bitcoin (BTC) faces rising concerns about a possible market collapse, with a noticeable drop in institutional investment, especially from U.S. spot BTC ETFs. Over the last two days, these ETFs saw a net outflow of over $200 million, ending an eight-day streak of inflows led by the ARK 21Shares Bitcoin ETF (ARKB).</p> 
<p>Bitcoin’s fear and greed index has fallen below 30 percent, indicating increased fear of further market downturns. This sharp decline highlights growing investor unease about the future of Bitcoin.</p> 
<h2 class="wp-block-heading" id="h-bitcoin-bloodbath-to-continue">Bitcoin Bloodbath to Continue? </h2> 
<p>Since March, <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin </a>has been in a downtrend, with prices consistently hitting lower highs and lows. Crypto trader Alan Santana expects a significant correction in both crypto and stock markets in the coming weeks before a potential recovery.</p> 
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<p>Santana notes that high trading volume below daily EMAs is a bearish sign that traders should watch closely. With Bitcoin recently struggling to break through the $65k resistance level, Santana predicts the price could drop to $40k or even lower soon.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f171.png" alt="🅱" class="wp-smiley" style="height: 1em; max-height: 1em;"> The Last SHORT Of 2024 | Bitcoin ($40K Or Below $30K Bottom)<br><br>Good morning my dear friend and fellow trader, It is with great joy and pleasure that I write for you today.<br><br>We are currently looking at what can only be described as the most interesting, intriguing and surprising… <a href="https://t.co/w6pegn8zac">pic.twitter.com/w6pegn8zac</a></p>— Alan Santana (@lamatrades1111) <a href="https://twitter.com/lamatrades1111/status/1829113940900544719?ref_src=twsrc%5Etfw">August 29, 2024</a>
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<h2 class="wp-block-heading" id="h-here-s-why-it-matters">Here’s Why It Matters </h2> 
<p>Amid the anticipated ‘easy money’ in the near term from the possible Fed’s interest rate cut next month, the crypto analyst indicated that more investors will accelerate profit-taking.</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p><em>“A major correction tends to precede the change in the FEDs policies. After the correction we tend to experience long-term growth due to easier access to credit; some people call it easy money,”</em></p> 
</blockquote> 
<p>Major stock indexes, including the Dow Jones and Nasdaq 100, are showing a macro reversal pattern, which could indicate a selloff in the near term. This adds to the uncertainty facing the Bitcoin market.</p> 
<p>Also Check Out: <a href="https://coinpedia.org/news/ai-tokens-ready-to-soar-how-openais-gpt-5-could-spark-a-massive-market-shift/" target="_blank" rel="noreferrer noopener">OpenAI’s New Funding Strategy &amp; GPT-5 Revealed: Will AI Tokens Rally?</a></p> 
<p><strong>The fear and greed index may be down, but the potential for Bitcoin to make a comeback is huge. Only time will tell if the bulls or the bears will ultimately win.</strong></p>

Bitcoin News: Major September Selloff Looms as Fear Index Plummets!

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