Bitcoin struggles below $80,000 amid institutional withdrawal

Key takeaways Bitcoin has dipped below $80,000 after being rejected by the key 200-day EMA supply zone. US-listed spot ETFs recorded an outflow of $635 million on Wednesday. Bitcoin (BTC) fell below $80,000 on Thursday after failing to overcome a key overhead supply area earlier this week.  The pullback is attributed to fading institutional demand, […] The post Bitcoin struggles below $80,000 amid institutional withdrawal appeared first on CoinJournal.