$BTC Bitcoin Update – Institutional Wave & Bull Flag Momentum
🔹 Current Price: Bitcoin standing strong at $110.8K, up ~1.43% intraday.
> 📈 **Institutional Inflows Surge:**
Spot Bitcoin ETFs pulled in $218M on July 9, marking the fifth consecutive day of net inflows. Cumulative inflows now top $50 billion since ETF launch .
Weekly inflows reach $1.52 billion—highlighting massive institutional confidence. BlackRock’s IBIT holds 700K+ BTC (~3.5% of supply) .
> 🐋 **On‑Chain & Market Signals:**
Whale accumulation continues while exchange reserves shrink, reinforcing bullish supply dynamics .
> 📊 **Technical Setup – Bull Flag Breakout:**
A clear bull flag breakout above ~$109K is visible. Analysts point to potential upside toward $140K+, possibly $146K .
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🎯 My Trade Plan:
Entry: ~$109K–$110K
Target: $135K–$140K
Stop-Loss: $106K
Strategy: Stay in spot, trail stop on strength to lock gains.
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💬 Over to you:
Are you riding this ETF-fueled momentum, awaiting a retest, or setting new entries at the breakout level? Share your BTC play below 👇