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Bitcoin price drops amid 7 days of Spot ETF outflows, but a bullish pattern could push it to $81K.

Technical Signals
27 May 2026
Crypto Daily
View Source
Bearish
pluang ai news

Bitcoin's price is declining, pressured by seven consecutive days of outflows from U.S. Spot Bitcoin ETFs totaling over 24,000 BTC. This sustained selling is bearish, pushing the price into the lower half of a bear flag pattern, with momentum indicators signaling weakness. However, an inverse head and shoulders pattern is forming, which could trigger a bullish reversal and lift the price up to $81,000 if confirmed. Long-term Fibonacci analysis suggests potential bear market bottoms around $60,000 or possibly $40,000, depending on monthly momentum indicators, indicating key support levels for future rallies.

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