Bitcoin Jumps as Spot ETF Inflows Lift $65K Rebound
Bitcoin price surged about 5% weekly, reclaiming the $65,000 level after Asian technology stocks rebounded and improved broader risk sentiment. Spot Bitcoin ETFs in the U.S. extended inflows to five straight sessions, adding fresh institutional support. Data cited from SoSoValue showed $226.9M net inflow on Monday and about $727.3M total across the streak.
At the time of writing, Bitcoin was around $65,245 (+1.23% on the day, +5.02% on the week), with trading volume near $32.18B. The article notes a market-wide lift: Ethereum, XRP, Solana and other large caps also moved higher alongside BTC.
Technically, the piece highlights improving momentum signals (MACD and RSI rising) and frames $70,000 as the next major resistance test. It adds on-chain context: Alphractal’s four-year standardized MVRV model suggests periods below a Z-score of -1 may reflect historical undervaluation, but it does not guarantee future returns.
For traders, the key takeaway is that Bitcoin price recovery is being reinforced by renewed ETF demand plus a risk-on macro backdrop, while $65K support and the $70K level are near-term decision points.
Bullish
The article points to a classic bullish setup for Bitcoin: price reclaimed $65K while U.S. spot Bitcoin ETF flows turned consistently positive. In past market cycles, sustained ETF inflow streaks have often coincided with stronger follow-through after pullbacks, because they create steady marginal demand alongside any retail/market momentum.
Short-term, improving MACD/RSI and the ability to hold above $65,000 raise the odds of a continuation attempt toward $70,000. If BTC fails to hold that level, the move could quickly mean-revert because the narrative is currently flow-driven rather than supply/demand rebalanced.
Longer-term, the on-chain MVRV context suggests BTC is working through undervaluation/positioning phases after its drop from the 2025 peak, which can support dip-buying behavior. However, because MVRV is not a direct forecast, traders should treat it as confirmation rather than a timing tool.
Overall, with ETF inflows improving and macro risk sentiment recovering, the balance of evidence supports a bullish bias for Bitcoin, though resistance at $70K remains the key swing point.