The Bitcoin price shows slight selling pressure in recent sessions as global markets remain uncertain and traders are cautious. BTC is struggling to rise strongly. However, the price remains stable on the downside.
What is important is: The strong demand for spot Bitcoin ETFs shows that investors may be moving in a more positive direction.
Bitcoin price sends buy signal
Spot Bitcoin ETFs had inflows of $1.42 billion last week. This is the highest amount in three months. This increase shows that institutions are regaining interest, although the price has hardly moved. A similar strong inflow was last seen in October 2025, when $2.71 billion flowed into ETFs.
Such inflows often indicate more confidence among investors. When money flows into ETFs, many are showing long-term interest rather than short-term speculation. The current development suggests that market participants expect a price increase in Bitcoin. This creates a bullish sentiment despite fluctuations and mixed reports.
Macro indicators also support a positive outlook. The Pi Cycle Top indicator, a historical tool for overheated Bitcoin markets, currently shows a different development. The tool compares the 111-day average with double the 365-day average, thereby identifying peaks in the cycle.
At the moment, these averages are moving apart rather than coming closer together. This development shows that the market is not overheating. In the past, such phases coincided with times of low risk or emerging bull markets. The signal differs significantly from typical sell signals and instead confirms an active buy signal.
The Bitcoin price is around 95,173 USD at the time of writing this article and remains above the important 95,000 USD mark. This zone remains stable, although it has been tested multiple times. This shows that buyers are still active. If ETF inflows remain strong, they could bring the necessary demand for the BTC price to break out of its sideways movement.
If the bullish conviction persists, BTC could rise to 98,000 USD. This would also allow Bitcoin to regain the 200-day EMA near 95,986 USD. If this mark is exceeded, the upward movement would gain new momentum. Then, the path to the 100,000 USD mark would also be open again.
However, there are risks. If sentiment among investors turns or if spot ETFs start experiencing outflows, the bullish situation could weaken. In this case, Bitcoin could lose the 95,000 USD mark. If a downward breakout occurs, 93,471 USD could be the next target, which would indicate new selling pressure.
