LIVEAfter breaking through a record high of $73,000 on March 14, Bitcoin has continued to fluctuate and fall in the past two weeks, and on the 20th it once returned to a price starting at $50,000. Last week, it continued to fluctuate between US$62,000 and US$67,000. As the market rebounded over the weekend, Markus Thielen, founder of 10x Reaearch, said that if Bitcoin can stand firm at US$68,330, a technical head-and-shoulders bottom pattern is expected to be formed, and Bitcoin will directly hit The next all-time high target is US$83,000, or even the US$100,000 mark. However, what is worrying is that Sosovalue analysis data shows that last week (18th to 22nd) was the first time that the Bitcoin spot ETF was issued. There were net outflows for a full week, with total outflows totaling approximately $888 million. If the net outflows that started this week still do not improve, the price of BTC may continue to face selling pressure
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