On December 4, 2023, the outflow from Bitcoin #ETF in the USA amounted to $338.4 million.

This is the fourth consecutive day of net outflows, totaling $1.52 billion.

The positive inflow series lasted for 15 trading sessions, during which more than $6.7 billion was attracted.

From the perspective of cycles and corrective patterns, this is a normal situation.

I think that besides retail, hedge funds also unloaded well before the weekend.

As a rule, when the decline of #bitcoin stops, the outflows also cease.

#BTC is trading around $98K today, and I expect it to hold above $96,500 before the US market opens.