• BTC slides slightly under $65,000, currently at about $64,830.
• High fees and ETF competition lead to GBTC outflows.
• GBTC outflow hits $643 million on March 18, according to BitMEX research.
• Net outflow from bitcoin ETFs reaches $154 million, with iShares bitcoin ETF (IBIT) seeing the most inflow.
• BTC is down 8.5% over the last week but up 27% in the past 30 days.
• Selling pressure on BTC comes from both GBTC outflows and short-term holders taking profits.
#Bitcoin #GBTC #ETF #CryptoMarket #PricePressure
@Bitcoin_Blockchain_Trading
