Bitcoin faces $1.28 billion ETF outflows and regulation shakeup: BTC remains under pressure

Traders Union
All News
Crypto
Bitcoin slips 1.77% to $74,472 today

Highlights

US spot Bitcoin ETFs saw $1.28 billion in net outflows from November 2 to November 6, 2026, indicating a pullback in institutional demand.
Regulatory uncertainty following the Democratic sweep of Congress and Bitcoin trading below key corporate cost basis have pressured institutional holdings.
BTC/USD trades below key short- and medium-term moving averages with momentum indicators bearish, projecting a likely range of $72,753 to $76,190 and a high probability of further downside.

Institutional outflows increase as regulatory risk and macro data loom

US spot Bitcoin ETFs recorded $1.28 billion in net outflows between November 2 and November 6, 2026, signaling a broad reduction in institutional demand for spot exposure, according to Cryptoticker. This was accompanied by regulatory uncertainty following the Democratic sweep of Congress, with additional market hesitation ahead of upcoming U.S. CPI and PPI reports. Furthermore, institutional holdings came under pressure as Bitcoin traded below Strategy’s disclosed average purchase price, with data from Cryptonews highlighting underwater positions on corporate books.

Selling momentum persists as key resistance limits rebound attempts

BTC/USD is trading below the MA-20 and MA-50 on the hourly chart, with the MA-200 still providing underlying support. The Ichimoku Kijun at $74,855 acts as immediate resistance and may cap near-term rebounds. MACD and ADX show ongoing selling momentum, while RSI, Stoch RSI, and CCI remain neutral, reflecting no clear overbought or oversold signals. Bull/Bear Power remains negative, and the Awesome Oscillator is neutral, indicating that although price momentum is downward, oscillators show a possible short-term exhaustion of sellers.

Further downside risk as price action expected within volatility band

Over the next two to three sessions, BTC/USD is projected to trade within a range of $72,753 to $76,190, representing a volatility band relative to current price levels. Downside scenarios dominate, with a break below $72,753 likely to trigger deeper losses. Conversely, a decisive move above $74,855 would be needed to reverse immediate bearish risks. The baseline expectation is that price action remains within this corridor as market participants absorb recent selling pressure.

Viktoras Karapetjanc, expert at Traders Union, sees mounting outflows from US spot Bitcoin ETFs and regulatory uncertainty as key headwinds for BTC in the near term. He believes that institutional sentiment has weakened, but notes that Bitcoin remains above long-term support and that sellers may be running out of steam. Macro and policy risks remain in focus for now. "If institutional flows stabilize and key support holds, I expect Bitcoin to recover and attract renewed interest in the coming days."

Earlier, analysts noted that Bitcoin's price remained highly sensitive to shifting institutional flows and macro events, especially following significant ETF outflows and regulatory uncertainty. The prevailing scenario now is continued range-bound movement with downside risks, as the market digests renewed reductions in ETF demand and awaits signals from upcoming U.S. inflation data; traders should closely watch the $72,753 support for potential accelerated losses.

Source of Data: BTC Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.