Bearish
Bitcoin dips below $85,000 after $148.7 million ETF outflow and $362.8 million in liquidations.
In the past 24 hours, Bitcoin experienced a decline below the $85,000 mark, influenced by a significant $148.7 million outflow from an ETF on September 30, ending a nine-day streak of inflows. Additionally, the market saw $362.8 million in liquidations, indicating high leverage and active positions in futures markets amid spot market purchases. Despite clearing the $85,000 sell wall, Bitcoin faces strong resistance near $87,000, with renewed U.S. spot ETF inflows providing some support.
Key points
- $148.7 million ETF outflow on September 30 ends nine-day inflow streak.
- $362.8 million in Bitcoin liquidations over the past 24 hours.
- Bitcoin surpasses $85,000, approaching $86,700 after clearing $85,000 sell wall.
- $87,000 remains strong resistance despite renewed U.S. spot ETF inflows.
Sources
- CRYPTO:BTCUSD: Outflow of $148.7 million; liquidations of $362.8 million; open interest ~653,000 BTC; >$85,700Intellect City · October 3, 2026
- Bitcoin Dips: Technical Analysis for Oct 3, 2026Pickaxe · October 3, 2026
- Bitcoin Falls Further Below $84,000 Amid High Yields, Geopolitical UncertaintyMarketScreener Canada · September 30, 2026
AI-generated from public news sources. Not financial advice.
