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Bitcoin Weekly Outlook: ETF Outflows Hit $338.81M, BTC Holds Key Support Level

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BTC
$87,829.40-0.46%
Bitcoin holds key support level near $87,000 as market outlook remains mixed. ETF outflows hit $338.81 million, adding downward pressure. Institutional buying continued, with MicroStrategy buying 10,645 BTC for $980 million. U.S. CPI at 2.7% boosted rate cut hopes. The January Clarity Act review lifted longer-term sentiment.
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