Data shows that IBIT, the iShares Bitcoin Trust managed by BlackRock, began losing $115.9 million on April 3rd 2025.

The strong money withdrawal from IBIT follows an increasing movement pattern within Bitcoin exchange-traded funds (ETFs). BlackRock's IBIT experienced $72.7 million worth of money leaving the fund

IBIT, the iShares Bitcoin Trust managed by BlackRock, experienced a massive outflow of $115.9 million on April 3, 2025, according to the recent report by Benzinga. The fund, which launched in 2024, saw one of its top-ever withdrawals from investors. This sparks concerns about Bitcoin ETF outflows and their impact on broader cryptocurrency price prediction models.

The recent withdrawal from IBIT is part of a larger trend. During the last days of December 2024, investors pulled out a total of $72.7 million from IBIT. To put this in perspective, the fund had been receiving consistent inflows for 16 days straight until December 2024. In addition to IBIT, another notable outflow occurred from Fidelity’s Wise Origin Bitcoin Fund (FBTC), with an investor withdrawal of $208.5 million on December 19, 2024.

These outflows are part of a broader selloff in the cryptocurrency market, which has seen significant volatility in recent months. As the largest asset manager in the world, movements by BlackRock’s Bitcoin Trust (IBIT) can have a broad impact on the market. Market outflows align with Bitcoin price trends, which experienced a decline from a high of $98,431 to $92,175 during December 2024.

The price movements are explained by U.S. Federal Reserve monetary policies and broader economic instability, which ultimately impact various market trends that traders follow to predict Bitcoin price action.

Bitcoin price today is showing strong resilience to sellers in 5-minute periods on Binance. From an immediate surge, the market price experienced brisk regression.

After a failed attempt to break above the $87,000, the market price is showing an obvious downward movement from its peak as Bitcoin approached the support area at $82,000-$83,000 where buyers intervened to stabilize the trend. Present reports highlight BTC markets consolidating within an $83,000-$84,000 zone as the market tries to establish strength.

A price movement above $84,000 will create new possibilities for reaching the previous peak. However, a lack of support is more likely to propel the market into an additional downward decline. Technical indicators are showing crucial point changes during market shifts.

The RSI crossed overbought twice before the market trend transition showed sellers entering the market. Afterwards, the price fell below overbought zones, which signaled market conditions suitable for a possible trend change.

The MACD indicator showed a positive trend change when it produced a Golden Cross pattern after a significant price drop. A Death Cross formation obtained confirmation for the bearish momentum before the price drop occurred. For optimal cryptocurrency gains, traders should monitor both the RSI index to remain above 50 and the MACD indicator to display an ascending pattern.

In addition to monitoring support and resistance levels, RSI movements, and MACD crossovers, traders need to confirm upcoming direction trends in the market.