Bitcoin Price Alert: Could a Big Drop Hit After BlackRock ETF Selling?

Bitcoin Price Alert: Could a Big Drop Hit After BlackRock ETF Selling?

Bitcoin is falling again after a short rise in April. The price has dropped 40 percent from its peak last October. It could not stay above the important $80,000 mark. Now many traders are worried about what comes next.

Analyst Warns of a

One popular market watcher on X shared a clear warning. He said bitcoin price action could turn into a fast. His chart study showed that the last time bitcoin was pushed back from a similar pattern, it fell almost 40 percent in just 23 days. That kind of move would send the price down near $40,000 again.

BlackRock ETF Sees Heavy Selling

Traders are pulling money out of bitcoin exchange-traded funds. The biggest outflows hit BlackRock’s IBIT fund. In one day alone, almost $448 million left that fund. Over six straight days, U.S. bitcoin ETFs lost around $1.5 billion in total. This lack of fresh buying is making the recent price bounce look weak.

Why the Selling Is Happening

World events are adding pressure. Tensions linked to Iran have made investors more careful. At the same time, lawmakers in the U.S. are still working on new crypto rules. Even with progress on the Clarity Act, the risk-off mood is strong. Global crypto products lost nearly $1.5 billion last week, marking the third-largest weekly outflow this year.

What This Means for Bitcoin Holders

BlackRock became one of the largest bitcoin holders after its ETF launched in 2024. Its buying helped push the price to an all-time high of $126,000. Now the opposite is true. When big funds sell, the market feels it right away. If the price cannot climb back above $80,000 soon, more selling could follow.

Many traders are watching the next few weeks closely. A clear break below key support levels could speed up the drop. On the other hand, any sign of returning ETF inflows might calm the market and stop the slide.

Simple Steps to Stay Ready

• Track daily ETF flow numbers.
• Watch the $80,000 level as a key line.
• Keep an eye on news about U.S. crypto laws.
• Have a plan for both higher and lower prices.

The market moves fast. Staying informed helps you react in time instead of being surprised by sudden swings.