BTC Flat at $89,300 Despite $1.02B ETF Exodus — Buy the Dip Toward $107K?

BTCUSD trades flat despite US weakness. It hits an intraday high of $90016 and is now trading at about $89960.

Investors took profits after Bitcoin's recent surge and navigated bigger macroeconomic uncertainty, so causing net withdrawals of around $1.02 billion in US spot Bitcoin ETFs over the week of January 20–26, 2026. Daily flows demonstrated constant selling pressure; on January 21, the biggest single-day outflow was -$840.6 million (headed by BlackRock's IBIT at -$354.9 million and Fidelity's FBTC at -$286.2 million), but smaller outflows persisted through January 23 and 22; only a limited -$5.6 million net outflow occurred on January 26, somewhat countered by small inflows into IBIT. Contributing to the general negative flow trend, BlackRock's IBIT saw -$519.2 million and Fidelity's FBTC saw -$651.5 million in net redemptions for the whole week. Though some trackers recorded $1.33B withdrawals for the week ending January 22, the most recent data confirm continuing pressure, albeit total inflows since ETF launch remain over $30B—framing the present episode as a healthy correction rather than a structural change in institutional Bitcoin exposure.

Oscillators and moving averages to forecast the trend of BTCUSD

CMP- $89300

EMA (1- hour chart)

55-EMA- $88525

200-EMA- $89393

365-EMA- $90218. The pair trades above short -term (55 EMA) and   below 200 and 365 EMA long term moving average.

Major Support - $87000. Any breach below $87000 will drag the pair down to $86650/$84440/$83000/$80000.

Major Resistance - $90200.  Any break above $90200 confirms minor bullishness, a jump to $91000/$91800/$93000/$93500/95000/$97400/$98500/$10000/$107000.

Indicators (1-hour chart)

CCI(50)- Bullish

ADX-  Neutral

5. Investment Strategy for BTCUSD

It is good to buy on dips around $90200 with a stop loss around $87000  for target profits of $100000/$107000.