Overview
- Bitcoin price fluctuates around $57,000, facing downward pressure from record U.S. spot ETF outflows.
- Federal Reserve's decision to maintain interest rates influences market liquidity, impacting Bitcoin's stability.
- Investors exhibit caution, leading to a stall in Bitcoin ETF demand amid macroeconomic uncertainties.
- Technical patterns suggest potential further declines, with key support levels being tested.
- Market analysts remain divided on Bitcoin's short-term trajectory, with some predicting possible rebounds.