Bitcoin (BTC) Price Holds Critical Support Zone as Spot ETF Market Sees First Net Outflow in Days

Bitcoin (BTC) price movement is being affected by many things at present. They are all pushing in one direction or another.

Bitcoin’s price movements are currently being influenced by several converging forces.

The first is related to the HODLers. A significant portion of the supply has been held by buyers from 2024. The sellers’ side is not as populated as it used to be. The lack of conviction to sell from the HODLers could indicate less immediate selling pressure for Bitcoin, which is a positive for the price.

Another key component is ETF activity. If the net outflows continue, it could be a sign of cooling institutional interest, which may hinder the enthusiastic price moves that Bitcoin has experienced in the past. On the other hand, if the inflows resume, it could indicate that institutional players remain confident in Bitcoin’s long-term growth story.

At the moment, Bitcoin’s ability to stay above the $96,475–$99,360 zone will be crucial. If buyers can maintain this support level and propel BTC above $103,900, we could see a continuation of the rally. The market will be sensitive to these levels, and their breach could lead to a swift move in either direction.

Investors are advised to exercise caution and monitor both on-chain metrics and external market developments, including regulatory news, macroeconomic shifts, and trends related to exchange-traded funds (ETFs). The next few weeks will likely determine whether Bitcoin can sustain its current rally or if it will settle into a sideways trading pattern before attempting another leg up or down.

The post Bitcoin Price Analysis: Key Support Zone Holding, ETF Flows Shift appeared first on NullTX.