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Bitcoin rebounds above $80K despite $635M ETF outflows, signaling resilience amid profit-taking concerns.

Market News
14 May 2026
Benzinga
View Source
Neutral
pluang ai news

Bitcoin ETFs saw $635.2 million in outflows on Wednesday, the largest since late January, with weekly outflows reaching $841.2 million. Despite this, Bitcoin price recovered above $80,000 on Thursday, showing resilience after a 37% rally from April lows. Analysts note on-chain data suggests a support level near $70,000 if a deeper correction occurs, while capital inflows remain below previous bull market levels. The price faces resistance near $82,977 but maintains support around $75,324, indicating cautious optimism in the market.

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