Bitcoin ATH timing faces 3-year window as $1.32B ETF outflows hit Jan 20–23, 2026

Bitcoin’s next all-time high now hinges on whether spot ETF demand turns persistent after sharp two-way flows. Net outflows totaled $1.29 billion from Dec. 15–31, 2025, with early January 2026 shedding $681 million, then a +$840.6 million day on Jan. 14 followed by roughly $1.32 billion of outflows across Jan. 20–23 ahead of the Jan. 27–28 FOMC meeting.