Bitcoin’s short-term outlook remains weak, raising the chances for the bulls to take back control of the crypto market.

Bitcoin held below $78,000 as spot ETFs shed over $1 billion for a second straight week and U.S.-Iran deal speculation rattled markets.

Institutional selling overwhelmed Bitcoin in May as ETF outflows hit multi-week highs and Iran conflict escalation rattled crypto markets.

Bitcoin is trading near $75,400, showing weakened recovery momentum below a crucial resistance level. Ethereum and major altcoins also experienced declines. Market sentiment has…