Bitcoin remains firmly positioned near $95,377, holding a 5.4% weekly gain after reclaiming $97K, driven by strong institutional demand as US spot BTC ETFs attracted $1.7B in inflows (Jan 13–15), led by BlackRock’s IBIT with a record $843.6M single-day inflow, while Strategy added 13,627 BTC to its treasury; technically, BTC shows healthy structure with RSI between 51–63 and MACD still bullish but flattening, suggesting consolidation above key support at $94.6K with downside protection below $89K, as markets watch the $100K psychological resistance, where a daily close above $98K could trigger a breakout toward $104K–$105K, supported by improving macro conditions including cooling US CPI at 2.7%, favorable regulatory signals from the SEC, and South Korea’s plan to approve spot Bitcoin ETFs, reinforcing Bitcoin’s dominance at 59.2% and its role as the primary institutional crypto asset.
#bitcoinETFs #CPI #SEC #RSI $BTC
