NewsSignals AI analysis·Jinse Finance·Oct 24, 2026

Bitcoin Breaks Below 50-Day Average as Spot ETFs See $773.5M Outflows

Grade Abearish AI signal$BTC

Bitcoin fell below its 50-day moving average on October 24, ending a 66-day stretch above that level and marking its first break below the average since August. BTC was about $80,600 at the time of reporting, while remaining roughly 10% above its 200-day moving average. US spot Bitcoin ETFs recorded $137.9 million in net outflows on Friday, the second consecutive day of withdrawals. Thursday saw $635.6 million in net outflows, the largest single-day outflow since June. Combined net outflows over the two days totaled about $773.5 million. The technical break and ETF redemptions put focus on short-term risk appetite. The 50-day moving average and subsequent ETF flow data are key near-term reference points, while BTC remains above its 200-day average.

Bullish strength: 22.5/100

Price remains about 10% above the 200-day moving average

Bearish strength: 77.5/100

BTC falls below the 50-day moving average for the first time in nearly two months
Spot ETFs see net outflows exceeding $770 million over two days

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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