Bitcoin Outlook Improves Amid 6% Weekly Gain: Can BTC Bulls Push Higher?

Bitcoin (BTC) closed out the week with a roughly 6% gain, but a split picture across onchain metrics, ETF flows, and macro risk factors leaves traders questioning whether buyers have the momentum to extend the move toward new local highs.

Data from Hyblock showed the spot and futures cumulative volume delta recorded a $925 million net buying day for Bitcoin on Wednesday, as order book activity absorbed the entire post-CPI pullback in open interest and price rather than triggering further downside. Spot Bitcoin ETFs added $107.7 million in net inflows on Wednesday, marking the second consecutive positive day after $181 million in inflows on Tuesday.

Click here to read the full article →