![Bitcoin Price Could Drop to $59K Amid Low BTC ETF Inflows, Analyst Says Bitcoin Price Could Drop to $59K Amid Low BTC ETF Inflows, Analyst Says](https://digitallifegaming.com/wp-content/uploads/2023/12/4FGBXAOD2NCIRMCS6L2FEFMSUE-768x402.jpeg)
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“While this is an unpopular narrative, it would be expected to see inflows slow down after prices experience significant intraday volatility,” the report said. “Based on our reversal indicators, a retracement to $59,035 appears more likely, offering better risk-reward entry levels,” which would indicate another 10% drop from current BTC prices.
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