⭐ Bitcoin INCREASING ⭐
Bitcoin $BTC rose more than 10% this week thanks to strong recovery from buyers, pushing the price up to the upper resistance of $95,000.
Although buyers are struggling to overcome this resistance, a positive sign is that they have not ceded much ground to the bears.
The strong rise is due to solid purchases in U.S. spot Bitcoin exchange-traded funds (ETFs), which recorded inflows of $3.06 billion, according to data from Farside Investors.
Bloomberg ETF analyst Eric Balchunas commented in a post on X that it was really remarkable to see "how quickly flows can shift from first to fifth gear".