The market seems confused, as predictions for bitcoin price after halving have started to wildly fluctuate. Bitcoin (BTC), the leading digital asset, has encountered a pullback of over 10% from its all-time high, signaling a potential shift in market sentiment. Notably, Bloomberg reported on Friday that the demand for spot Bitcoin Exchange-Traded Funds (ETFs) has shown signs of moderation, adding to concerns about the BTC’s short-term outlook. 

Analysts at JPMorgan Chase and Co. have cautioned that this retreat may have further room to run, casting a shadow over bitcoin’s recent bullish trajectory. The group of 10 spot Bitcoin ETFs has recently witnessed its largest four-day outflow…

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