๐น BITCOIN WEEKLY OUTLOOK โ FROM RECORD HIGHS TO SHARP PULLBACK ๐ข๐
๐ Price Action Recap:
Bitcoin ($BTC ) delivered a roller-coaster week โ smashing a new all-time high at $124,474 before retracing to $118,800 by Friday.
๐ Key Driver: Mixed US inflation data sparked early bullish momentum, but Thursdayโs hotter-than-expected Producer Price Index (PPI) ๐ cooled market sentiment, reducing chances of a 50bps rate cut and triggering risk-off moves.
๐ฅ Market Impact:
#BTC briefly dipped below $118,000 โ ๏ธ
$1.89B in long positions unwound on-chain ๐ฃ
Aggressive selling + leveraged position closures seen across the market
๐ฆ Institutional Flow:
Net inflows of $561.95M into Bitcoin from institutions (SoSoValue data) ๐ฅ
Higher than last week, but still below mid-July peaks
213 corporations & governments now hold $228.85B in BTC (Sentora report) ๐
Public companies: 71.4%
Private companies: 24.4%
Governments & orgs: 4.2%
๐ Big Picture:
Despite short-term caution, institutional accumulation remains strong ๐ช โ signaling confidence in Bitcoinโs long-term role as a strategic asset.
๐ฎ Outlook:
If macroeconomic pressure eases, BTC could reclaim bullish momentum ๐
For now, expect continued volatility and manage risk accordingly โ๏ธ