Bitcoin Price Stabilizes Above $95,000 as Spot ETFs Record $1.42 Billion Weekly Inflows

Strong Midweek ETF Demand Drives Weekly Performance

Spot Bitcoin exchange-traded funds recorded $1.42 billion in net inflows over the past week, marking the highest level of institutional demand since early October when these products attracted approximately $2.7 billion ^[1]. Bitcoin's price rose fractionally over 24 hours to trade at $95,324 as of the latest data ^[1].

ETF activity showed concentrated buying pressure during the middle of the week. Wednesday delivered the largest single-day inflow of approximately $844 million, followed by $754 million on Tuesday ^[1]. However, momentum cooled toward the week's end, with Friday recording a notable $395 million outflow ^[1].

Vincent Liu, chief investment officer at Kronos Research, indicated that the inflow pattern suggests long-only allocators are re-entering the market. Liu added that ETF buying, combined with reduced selling from large Bitcoin holders, is helping tighten effective supply ^[1].

Whale Selling Pressure Eases

On-chain data shows that whale selling pressure has decreased compared to late December, reducing a key source of distribution and downside risk ^[1]. This shift in large holder behavior coincides with the renewed institutional interest flowing through ETF channels.

Ethereum ETFs also posted positive performance, though at more modest levels compared to Bitcoin products. The strongest inflow day for Ethereum occurred on Tuesday with approximately $290 million, followed by $215 million on Wednesday. Friday's roughly $180 million in outflows trimmed total weekly inflows to around $479 million ^[1].

Analysts Urge Caution Despite Positive Data

Despite the improved flow figures, market observers remain cautious about sustainability. Short-lived spikes in ETF inflows have historically led to brief price rebounds rather than sustained rallies, analysts note. Bitcoin will likely need several consecutive weeks of strong and consistent ETF demand to support a durable uptrend, with price gains potentially facing resistance during periods of weaker demand ^[1].

Technical Picture Shows Consolidation Above Key Levels

Bitcoin's 4-hour chart reveals steady consolidation following a strong bullish breakout, with price trading at $95,470 at the time of analysis ^[1]. The cryptocurrency established a major support zone near the $86,000–$88,000 range, where it formed a rounded bottom pattern—a classic bullish structure signaling a gradual shift from bearish to bullish momentum ^[1].

The bullish bias was confirmed after price broke above key resistance around $91,000–$92,000 ^[1]. Following the breakout, Bitcoin rallied sharply toward the $97,000–$98,000 area, where sellers temporarily stepped in to create short-term resistance ^[1].

Currently, Bitcoin is moving sideways just below resistance, holding above the former resistance zone that has flipped into support around $94,500–$95,000 ^[1]. The Relative Strength Index hovers around the mid-50s, indicating neutral-to-bullish momentum with room for further upside if buying pressure increases ^[1].

Contrarian Voice Warns of Crash

Meanwhile, gold advocate Peter Schiff continued his long-standing criticism of Bitcoin, advising investors to "sell now before the next market crash comes" ^[2]. Schiff, who has compared Bitcoin to the Dutch tulip bubble since November 2013 when it traded at just $355, recommended that investors prepare for major moves by buying physical precious metals instead ^[2].

On a one-year basis, gold prices gained 70 percent and silver surged 193 percent, while Bitcoin declined 9 percent over the same period ^[2]. However, Schiff acknowledged that despite his criticism, many people own Bitcoin because of him, noting he was recently named among the top crypto influencers worldwide ^[2].