Bitcoin Holds $111K–$117K Amid 2,400 BTC ETF Outflows
Bitcoin traded between $111,000 and $117,000 this week, marking a 5% gain over 90 days. Spot Bitcoin ETFs saw a net outflow of 2,400 BTC over the past seven days. Despite the outflow, seven-day average trading volume remained high at 545,000 BTC per day, reducing distribution pressure on institutional holders. On the macro front, Federal Reserve signals suggest potential easing ahead. Falling yields have supported Bitcoin’s price, although tariff risks and rising input costs pose headwinds. Market indicators place Bitcoin in a late bull market phase, with measured consolidation pointing to resilience. Traders should watch ETF flows and macro trends for short-term moves while considering the broader bullish momentum.
Neutral
Bitcoin’s price action this week shows measured consolidation within a clearly bullish trend. The net ETF outflow of 2,400 BTC could signal short-term profit-taking by institutional investors. However, sustained high trading volumes and favourable macro signals—such as potential Fed easing and declining yields—suggest the market retains its core strength. Historically, similar periods of consolidation with ETF outflows in 2021–2022 preceded further rallies once macro headwinds eased. In the short term, traders might experience muted volatility as the market digests ETF flows and macro updates. Over the long term, if yields continue to decline and Fed policy shifts towards easing, Bitcoin may resume its upward trajectory. Therefore, the overall impact of this news is neutral, reflecting balanced pressures between distribution from ETFs and underlying bullish momentum.