Bitcoin Rally Falters Amid Slowed ETF Inflows and Technical Exhaustion
- Bitcoin retreated from a near-miss of $98,000 to stabilize around $95,000.
- The pullback was attributed to “technical exhaustion” and reduced institutional demand.
- Spot ETF inflows have slowed, contributing to the cooling momentum.
- Bitcoin’s midweek momentum stalled further as it extended its January reversal.
Bitcoin experienced a significant pullback this week as it failed to sustain its early-week rally, stabilizing around $95,000 after nearing $98,000. This decline was driven by technical factors and a decrease in institutional interest as spot ETF inflows diminished.
The slowdown in ETF inflows highlights the waning institutional demand that has contributed to Bitcoin’s stalled momentum and extended reversal since mid-January. (Source)
