#BTC has climbed back above $80,000, reclaiming the 100-week EMA, and the technical structure is showing signs of strength. Watch $90,000 as resistance, with the all-time high of $126,000 as the next target. If it loses the moving average, beware of a pullback to $60,000.
However, fund flows remain under pressure: MARA transferred 1,650 BTC, worth about $132 million, while U.S. spot BTC ETFs saw net outflows of about $991 million this week.
In the short term, the key questions are whether $80,000 can hold and whether buyers can absorb the ongoing selling pressure.
However, fund flows remain under pressure: MARA transferred 1,650 BTC, worth about $132 million, while U.S. spot BTC ETFs saw net outflows of about $991 million this week.
In the short term, the key questions are whether $80,000 can hold and whether buyers can absorb the ongoing selling pressure.
