🔥 $BTC cede positions at $115K after U.S. fees and ETF outflows
📊 Current price and clear technical structure
Bitcoin has retraced to around $115,200, hitting a low of $113,979 in the last few hours. It is out of the previous sideways range ($117K–$120K), now trading below the critical support of $116K–$117K, at its lowest level in three weeks.
⚙️ Key factors
The recent imposition of tariffs by the U.S. shook the market, affecting investor confidence and triggering widespread liquidations.
Net inflows of Bitcoin ETFs plummeted: they recorded $812M in outflows in a single day, with Fidelity and ARK experiencing the largest losses.
In contrast, Ethereum ETFs extended their streak of 20 consecutive days of inflows, although they were also affected today with $152M in outflows.
🔧 Technical level of the day
📌 Immediate support: $115,000–$115,500 (short-term EMA50)
📌 Next resistance: $116,800–$117,200 (sideways range)
🎯 Critical zone: sustained fall below $115K could trigger a correction towards $112K, while a bounce above $117K would reopen the way towards $120K.
🌐 Institutional outlook / macro view
Despite the retracement, the monthly flow of ETFs remained strong in July with $6.01B raised, marking the third best month in historical records.
However, the divergence between Bitcoin and Ethereum is notable: ETH continues to attract flows, while BTC is losing strength in the short term, favoring rotation towards altcoins.
Macro uncertainty—global tariffs and the Fed's decision to maintain rates—has generated nervousness, indicating that not all risks are already priced in.
Do you see BTC regaining strength from $115K, or do you think it will continue to decline this month? Comment on your strategy 👇
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