Bitcoin (BTC USD) is holding near $74,500 on Tuesday after another day of outflows from U.S. spot Bitcoin exchange-traded funds (ETFs). Investors pulled a net $201 million on Monday, the third losing day in a row, with BlackRock’s IBIT fund behind $213 million of it.
Not everyone is selling. Strategy kept buying. The company, the largest corporate holder of Bitcoin, bought 1,037 BTC last week and now holds 850,364 BTC.
Saylor bought $81.9M of BTC and $188.3M of STRC.
Strategy now holds $63.42B of BTC, purchased at an average price of $75,456.
Saylor still holds $4.9B USD, and can buy back up to $560M of STRC under the current repurchase program. pic.twitter.com/ZPUuzCZEZt
— Arkham (@arkham) November 10, 2026
Bitcoin has held above Sunday’s low of $73,510 since Sunday night, and some traders are calling it a bottom. The Fear & Greed Index, a daily gauge of market mood from 0 to 100, currently reads 32, which counts as fear.
We checked how readings like that have played out. Since 2018, on days the index sat between 26 and 35, BTC was higher 30 days later only 46% of the time, the worst record of any range.
So, for now the question is: has Bitcoin found its bottom?
Bitcoin ETF Investors Pulled Money for a Third Straight Day: What’s Going On?
The selling has slowed but not stopped. Monday’s $201 million outflow was about half the size of Friday’s, but it extended a run of daily exits that began last Thursday.
- BlackRock’s IBIT: $213 million out, more than the whole group’s net total.
- ARK 21Shares’ ARKB: $9.9 million out.
- Morgan Stanley’s MSBT: the only fund with new money, about $22 million.
The week before was worse. The funds lost a net $1.28 billion between November 2 and 6, with IBIT behind $1.21 billion of it.
ETF flows matter for the price. When investors pull money from a spot ETF, the fund sells Bitcoin to pay them, so steady outflows mean steady selling.
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BTC USD Price: Strategy Buys While Miners Sell – What’s the Play?
Strategy took the other side. Its 1,037 BTC purchase was worth about $77 million at today’s price. The company’s own tracker now shows 850,364 BTC, about 4% of all Bitcoin that will ever exist.
It keeps buying in small steps. The company has added 2,698 BTC since the quarter began on October 1, its tracker shows.
Others are buying too. A new wallet withdrew 1,489 BTC, about $111 million, from the custodian BitGo on Tuesday, Lookonchain reported. Three more new wallets took about 1,003 BTC off Binance over the past day. Coins leaving exchanges for private wallets usually belong to buyers planning to hold.
Miners are selling into the weakness. MARA Holdings, one of the largest Bitcoin miners, moved out another 500 BTC on Tuesday and has sold 13,597 BTC since October 1, Lookonchain reported.
Is The Bottom In? Fear Readings Like Today’s Have Not Marked Bottoms
Fear alone is not a buy signal. We matched every daily reading of the Fear & Greed Index since February 2018 with BTC’s price 30 days later on Binance, 3,171 days in all.
- Extreme fear, 15 or below: BTC was higher 30 days later 65% of the time, with a median gain of 4.2%.
- Fear, 26 to 35, where the index sits now: BTC was higher only 46% of the time, with a median loss of 1.3%.
- Any day: BTC was higher 54% of the time.
This year’s low fits that pattern. When BTC bottomed at $57,800 on July 1, the index read 11, deep in extreme fear. Today’s 32 is mild by comparison.
The data cannot rule out a bottom at $73,510. It does say that bottoms have usually come when fear is much deeper than it is now.
BTC USD Price Analysis: Can Bitcoin Hold $73,510?
So far it has, but it has not bounced far. BTC trades at $74,467 on Binance, about 1.3% above Sunday’s low.
On the four-hour chart, where each candle covers four hours, Bitcoin sits below both of its simple moving averages (SMAs), the plain average of the last 50 or 200 closing prices. The 50-period SMA stands at $76,660 and the 200-period SMA at $80,188.
- Resistance: $75,568, Monday’s high, then $76,660, the 50-period SMA. Above that, $80,188, the 200-period SMA.
- Support: $73,750, Monday’s low, then $73,510, Sunday’s low. Below that, $73,027, the August 21 low.
BTCUSDT 4H chart. Source: Binance.
| Path | What has to happen | Next stop |
|---|---|---|
| Push higher | A close above $75,568 | $76,660, the 50-period SMA |
| Stall | BTC holds between $73,510 and $75,568 | A tight range below both SMAs |
| Slip | A close below $73,510 | $73,027, the August 21 low |
For BTC USD, the next signal comes with Tuesday’s ETF flows. A fourth day of outflows would mean the funds are still selling, while a return to inflows would give the $73,510 low a better chance of holding.
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The post BTC USD Holds $74,000 Through a Third Day of ETF Outflows: Is the Bottom In For Bitcoin? appeared first on 99Bitcoins.
