🚀 Bitcoin Weekly Outlook — Riding the US Inflation Rollercoaster 🎢
Bitcoin had a whirlwind week, surging to a new all-time high of $124,474 before reversing sharply to close near $118,900. What fueled the drama? A mix of hot US inflation data and rapid shifts in market sentiment.
Early in the week, traders rode bullish momentum on the back of mixed US inflation figures, pushing BTC into record territory. But optimism faded fast after the Producer Price Index (PPI) from the Bureau of Labor Statistics came in higher than expected, signaling renewed inflationary pressures. The result? A sharp pullback that erased gains and triggered $1.89 billion in long position liquidations on-chain, according to CryptoQuant — a clear sign of traders shifting from aggressive optimism to cautious positioning.
📉 Key Numbers from the Week:
ATH: $124,474 on Thursday
Weekly Low: Below $118,000
PPI Impact: Higher-than-expected reading sparked risk-off sentiment, cutting the odds of a 50 bps Fed rate cut.
Liquidations: $1.89B in long positions closed.
Institutional interest remains strong despite the volatility. SoSoValue data shows a $561.95M net inflow into Bitcoin investment products this week, slightly above last week’s pace but below mid-July’s peak.
Long-term fundamentals also keep strengthening. According to Sentora’s Bitcoin Treasury Strategy report, 213 corporations and governments collectively hold $228.85B in BTC — with public companies owning 71.4%, private firms 24.4%, and governments/others 4.2%.
Takeaway: While short-term traders are feeling the heat of inflation-driven volatility, Bitcoin’s institutional adoption and treasury accumulation continue to build a strong long-term foundation.
