Bitcoin's Shaky Support: What's Next for BTC?

Bitcoin's price is hanging by a thread, and the recent drop in demand for Bitcoin ETFs is making things even shakier. Analysts are keeping a close eye on the $107, 000 to $108, 000 range, which is now under threat. Things took a turn after a big announcement from the US President about tariffs. Between October 13 and 17, Bitcoin ETFs saw a massive $1. 23 billion leave the building. This isn't just a small dip; it's a sign that big investors aren't stepping in to buy the dip like they usually do. This week, there have been more outflows than inflows, but a strong day on Tuesday kept the overall flow positive. Bitcoin's price is currently at $108, 864, but it's been a rollercoaster, briefly hitting over $113, 000 before dropping back down. Analysts are warning that if this trend continues, Bitcoin could be in for a longer period of consolidation. If ETF inflows don't pick up, it could mean trouble. This is a big deal because institutional investment has been a major driver of Bitcoin's rallies in the past. But not everyone is sounding the alarm. Some big names in the crypto world still believe Bitcoin will make a comeback before the year ends. They're even predicting it could hit $250, 000. However, others are a bit more cautious, saying that would take some pretty extraordinary circumstances. In the worst-case scenario, Bitcoin should still hold above $100, 000 this year. But for now, it's a waiting game to see if the support levels can hold.