Bitcoin holds $64,000 as sixth week of ETF outflows stalls momentum

Bitcoin can't seem to shake its sideways habit. The asset is currently pinned near the $64,000 mark as a tug-of-war between retail appetite and institutional caution plays out. On one side, investors are feeling slightly more comfortable with risk, but that optimism is hitting a wall of selling pressure. Spot ETFs are currently slogging through their sixth consecutive week of outflows, draining the liquidity needed to spark a fresh rally. It doesn't help that the U.S. dollar is flexing its muscles again. A firmer greenback typically acts as a lead weight on crypto prices, making BTC less attractive to global traders. This combination has left the market in a holding pattern where every small gain is quickly erased by a wave of profit-taking. Until the ETF bleeding stops or the dollar cools off, the price seems destined to bounce within this tight corridor. Will the next FOMC meeting provide the spark bulls are waiting for?