Why are Bitcoin ETF outflows important today?

They track real demand from large investors. When money leaves US spot Bitcoin ETFs, it can pressure price and cap rallies. We pair those prints with intraday levels. Persistent outflows near resistance often favor range trades. A shift back to net creations can fuel a push above $90,000.

What are the key BTC support levels now?

We track the Bollinger middle at $88,738 first, then $85,000, the lower band at $84,398, the Keltner lower at $81,852, and the major 80k level. A close below 80k increases downside risk and could pull price toward Citi’s $78,500 bear-case area if sellers stay in control.

How does this affect German euro-based accounts?

Quotes are in USD, but your P&L is in EUR. We plan entries and exits using USD levels, then account for currency conversion and fees at the broker. US ETF flow updates after the US close can influence the European morning, so we review levels before Frankfurt opens.

What could turn the short-term outlook positive?

A return to net creations in US spot ETFs, a close above $90,000 with strong volume, and momentum turning higher. If RSI lifts above 50 and price holds over the 50-day average at $89,829, buyers gain the edge. Clear flow support reduces the risk of failed breakouts.

Global Market Insights

BTCUSD Today: ETF Outflows Weigh on Bitcoin Price — January 02

ByHuzaifa Zahoor January 2, 2026

Bitcoin ETF outflows are setting the tone to start the year. Bitcoin price today on the BTCUSD pair is $88,624, up 1.27% intraday, but still under the 50-day average at $89,829. Over Christmas week, US spot funds saw about $782 million in net redemptions, which keeps the 88k to 90k range in play and puts 80k support back in focus. German investors watch these US flows closely while trading in EUR accounts. Today, levels, liquidity, and flows matter most.