Bitcoin’s price movement: Fed policy and ETF flows create uncertainty

Bitcoin experienced a short-term recovery driven by dovish Federal Reserve statements, but its medium-term trend remains uncertain due to conflicting institutional flows and extreme market fear. The market repriced Fed rate-cut expectations significantly, while Bitcoin ETFs saw both substantial outflows and inflows. Sentiment among investors plummeted to six-month lows, indicating widespread fear. Key support levels are under pressure, and while some entities are accumulating Bitcoin, long-term holders are selling, creating a contradictory market picture.