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Bitcoin Faces Mixed Signals As Futures Liquidations Drop And Spot ETF Demand Rises

  • A recent decline in Bitcoin futures liquidations suggests reduced selling pressure and a potential local bottom for a short-term price rebound.
  • Demand for Bitcoin from U.S. spot ETFs has been on the rise, with funds buying 7,000 BTC by the end of September.
  • However, Bitcoin spot ETFs recorded a net outflow of $54.133 million on October 3, indicating mixed results in ETF activity.
  • While there are signs of reduced selling pressure and rising institutional demand, Bitcoin's future price trajectory remains uncertain.

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