Bitcoin just printed a new weekly high at $107,106, jumping +3.19% in 24h. 🚀
What’s fueling this push? Record-breaking short liquidations on Binance — over $66.3M in shorts wiped out as price surged from $103K to $105.5K. That’s a massive signal of momentum + potential fresh capital inflows. 💸
👀 Meanwhile, TradFi is waking up.
10 Bitcoin spot ETFs saw net inflows of 2,103 BTC (~$210M).
BlackRock alone added 1,250 BTC — they now hold over 633K BTC. Institutions aren’t just watching — they’re buying. 📈
🧠 But it’s not all green lights.
Binary CDD (Coin Days Destroyed) = 1️⃣ → Suggests holders are moving coins, possibly to take profits.
Also, RSI shows $BTC might be in overbought territory.
Translation: Some short-term cooling is likely before another leg up. 🔄
🎯 TLDR:
Strong bullish momentum ✅
Institutional inflows ✅
But watch for a local pullback as smart money locks in gains. A healthy dip could be the re-entry zone. 🎯