Bitcoin under pressure: sixth consecutive day of ETF outflows!

Bitcoin under pressure: sixth consecutive day of ETF outflows!

On November 6, 2025, Bitcoin ETFs were faced with recording six consecutive days of outflows, totaling over $2.05 billion. While Bitcoin is trading around $103,000 and has recovered from a dip below $99,000, demand for Bitcoin remains weak. The market environment is subdued and at the same time the price forecasts show a cautious mood. These recent developments raise questions about market stability and buyer interest shows no signs of improving.

What's particularly noticeable is that BlackRock's iShares Bitcoin Trust (IBIT) is leading the major withdrawals. On November 5, Bitcoin ETFs reported a net amount of outflows of $137 million, as Crypto News reported. Despite this challenging situation, there were also positive developments from five ETF providers, including Fidelity, which generated the most frequent inflows with $113 million.

Current market conditions

The current series of ETF outflows has begun since October 29, when Bitcoin fell below $110,000. This marked a clear turning point that led investors to act more cautiously on the stock markets. Over the last week, Bitcoin prices have fallen 7% as investors hold back and wait for market conditions to stabilize.

Another point is the technical analysis, which shows that the $106,000 level has now turned from support to resistance. This could mean Bitcoin falls below $100,000 again if there is not enough buying interest. The current price action suggests that major investors are not making decisive moves, suggesting that Bitcoin could continue to stall between the $99,000 and $106,000 levels until a clear trigger occurs.

Market psychology and investor behavior

In summary, the general market mood is currently characterized by uncertainty and caution. Amid these outflows and weak demand, many market participants are hesitant to actively participate in the market again. The combination of low trading activity and unsatisfactory price developments increases the feeling of uncertainty within the cryptocurrency investor community.

However, the development that five ETF providers, including Ark and 21Shares, were successful in attracting inflows shows that there is also optimism in the industry. Ark & 21Shares reported inflows of $83 million and can be seen as a positive signal in the current difficult market environment.