Bitcoin ETFs Note $1.4 Billion Inflows This Week As Indicator Flashes Buy Signal

Despite recent mild bearish pressure in Bitcoin's price, strong demand for spot Bitcoin ETFs suggests a constructive investor outlook, with the ETFs recording $1.42 billion in inflows last week—the highest weekly total in three months. This influx indicates growing, long-term investor confidence. Furthermore, technical analysis supports a bullish stance, as the Pi Cycle Top Indicator is currently diverging, meaning the market is not overheated, which historically aligns with low-risk or early-to-mid bull market phases. Bitcoin is currently trading near $95,173, holding above critical support. Sustained ETF inflows could push BTC toward $98,000 and potentially reclaim the $100,000 psychological level. However, a failure to hold $95,000 due to shifting sentiment or ETF outflows could expose the price to a decline toward $93,471.

(Source：BeInCrypto)