Why is Bitcoin weak today?

Hedge fund de-risking, five consecutive weeks of US spot Bitcoin ETF outflows, and tighter basis spreads are pulling liquidity. Macro worries around tariffs and geopolitics also reduce risk appetite. Together, these factors pressure btc price usd and limit bounce attempts until flows or momentum signals improve.

How do ETF outflows affect btc price usd?

When spot ETFs face redemptions, market makers must sell Bitcoin to meet outflows. That reduces spot demand, widens spreads, and weakens depth. Sustained outflows often cap rallies and increase intraday swings. A shift to even small net inflows can stabilize price action and improve liquidity.

What levels should traders watch this week?

Support sits near $65,600, then $64,675. Resistance is around $67,300 and the $72,300 to $72,500 band. Closes above the mid-channel zone would help trend repair. A break below $64,600 risks tests toward $60,000 to $62,000, with $56,580 as a stress marker.

What should Canadian investors consider before buying?

Know your product’s currency exposure, fees, and creation-redemption process. Currency-hedged TSX classes can reduce USD/CAD noise. Size positions modestly, use staged entries, and set stops based on volatility. If btc price usd is below key averages, consider patience until flows, breadth, and volume improve.

What are key signals for a turnaround?

Watch for slowing or reversing Bitcoin ETF outflows, rising OBV, a MACD cross-up, and closes above the $72,300 to $72,500 zone. Improving funding and firmer futures basis would also help. Together, these signals would suggest better depth and a stronger foundation for the next leg.

Global Market Insights

BTCUSD Today, February 24: Hedge Funds Exit, ETF Outflows Hit $3.8B

ByDanny Kontos February 24, 2026February 24, 2026

The btc price usd is under pressure today as hedge funds cut exposure and spot ETF flows turn negative again. The BTCUSD pair last traded near $66,973 after a $65,605 intraday low. US spot Bitcoin ETFs have posted five straight weeks of outflows, a key drag on liquidity and sentiment. For Canadians, US flows often spill into TSX crypto funds, while currency swings can widen tracking differences. We explain what is moving markets, the key levels, and what to watch next.