​$BTC

. Market Performance & Price Action

​Bitcoin has regained significant ground this week, currently hovering around the $95,000 to $96,000 range.

$BTC ​Current Price: It is trading near $95,300 (roughly PKR 26,700,000), maintaining stability after touching a weekly high of approximately $97,960.

​Sentiment: While the price is holding steady, the market is showing a "bearish sentiment" in the short term due to a recent two-day correction. Analysts are watching the $102,000 level, which is the average "realized price" for short-term holders; many of these investors are currently at a loss and may sell once they break even, creating resistance.

​$BTC Key Regulatory Developments

​The biggest news impacting trading this week comes from Washington D.C.:

​Senate Delay: The U.S. Senate Banking Committee delayed a key debate on a comprehensive crypto market structure bill. This delay occurred after major industry players, including Coinbase CEO Brian Armstrong, voiced concerns that the bill in its current form was not ready.

​Market Reaction: This regulatory "hiccup" caused a slight pullback in crypto-related stocks (like Coinbase and Marathon Digital) and has kept Bitcoin from pushing past the elusive $100,000 mark for now.

​3. Institutional Inflows

​Despite the legislative delays, institutional appetite remains high:

​ETF Activity: U.S. spot Bitcoin ETFs saw massive net inflows this week, with over $1.5 billion entering the market between January 13 and January 14 alone.

​Exchange Outflows: Notable amounts of Bitcoin are being moved off exchanges ($179 million on Jan 16). This typically indicates that "whales" and institutions are moving their coins into private custody for long-term holding, which reduces the immediate supply available to sell.