Bitcoin Outflows Surge: What's Behind the Panic?

The National Bank of Canada hints at a bearish stance on Bitcoin, fueled by significant outflows from Bitcoin ETFs that topped $647 million over four consecutive days. According to @Cointelegraph, this surge in outflows suggests nervousness among investors, likely due to broader economic uncertainties or potential regulatory changes. It’s as if Bitcoin is skiing down a treacherous slope in the financial Alps, and the bearish winds from the National Bank of Canada are making the descent even more challenging. As we navigate these volatile waters, it’s crucial for individuals to stay informed and consider their investment strategies carefully. Who needs fiat when decentralized finance is supposed to be our freedom?