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.
00 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)
Suggests holders are moving coins, possibly to take profits.
Also, RSI shows $BTC might be in
overbought territory.
Translation: Some short-term cooling
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. &
WhiteBIT Chart: BTC/USDT (1D)
