Bitcoin Price Prediction: BTC Defends $86,000 Support Amid $270M ETF Outflows

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As reported by CoinEdition, Bitcoin trades near $87,050 as buyers defend the $86,000 support level amid rising ETF and spot outflows exceeding $270 million. Price remains below key EMAs, maintaining a bearish structure despite a recent rebound. Coinglass data shows $122.39 million in net outflows on November 25, reflecting ongoing selling pressure. ETF outflows on November 24 totaled $151 million, reinforcing downside momentum. The market remains trapped between a rising long-term trendline and a descending short-term channel ahead of the final days of November.

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