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AI-generated trading idea · SHORT · BITI, BTC

Billions fleeing Bitcoin while stocks hit records — bet against the crypto slump

Investors have pulled nearly $3 billion from Bitcoin funds over nine straight days of withdrawals — the longest streak ever — while Bitcoin's price keeps falling even though the stock market is hitting new highs.

Idea

Big money is fleeing Bitcoin at a record pace — $2.8 billion pulled from ETFs over nine straight days, the longest outflow streak since the funds launched. Normally when the S&P 500 and Nasdaq rally to all-time highs, Bitcoin joins the party. This time it's heading the opposite direction, which is a loud warning sign. With a massive $9 billion in Bitcoin options expiring and no sign the selling pressure is easing, the path of least resistance is still down.

Key details

BITIBTCH4#crypto#etf_flows#momentum

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