Bitcoin Poised for Strongest Weekly Gain Since Trump Win as ETFs Gobble $2.7B Inflows
Bitcoin's Strongest Weekly Gain Since 2020: ETF Inflows and Market Analysis
Bitcoin (BTC) surged to $95,000 this week, marking its strongest weekly performance since the 2020 presidential election. This rally, fueled by significant ETF inflows and a potential decoupling from traditional markets, has significant implications for crypto investors.
Bitcoin (BTC) 7-Day Price Analysis with Daily Data: Strong weekly gains, ETF inflows ($2.7B), decoupling from macro assets. Indicators: $95K target, high volatility.
📌 Event Background and Significance
According to CoinDesk, BTC's price increase of over 11% since Monday is its most substantial weekly gain since November 2024. This surge follows a period of recovery from early April lows, which were partly attributed to tariff-related market turmoil. Ethereum (ETH) also saw considerable gains, rising by 2% to surpass $1,800. Other notable performers included Sui (SUI), Bitcoin Cash (BCH), and Hedera (HBAR).
Context: This rally is particularly noteworthy because it suggests a potential decoupling of Bitcoin's performance from traditional macro-economic assets such as stocks and gold. This is a significant development as it suggests Bitcoin is increasingly viewed as a store of value, less susceptible to broad market fluctuations.
📊 Market Impact Analysis
The significant increase in Bitcoin's price has been accompanied by substantial investment into Bitcoin ETFs. According to SoSoValue data, U.S.-listed spot Bitcoin ETFs have seen net inflows of $2.68 billion this week (excluding Friday's data), the highest level since December. This signifies strong institutional investor confidence and demand for Bitcoin exposure.
📈 Market Analysis: The high ETF inflows suggest a growing institutional adoption of Bitcoin as a hedge against macroeconomic uncertainty. This, coupled with BTC’s price surge, paints a bullish picture for the short-term.
📌 Key Stakeholders' Positions
Stakeholder | Position | Quote/Insight | Source |
---|---|---|---|
🏛️ David Duong, Coinbase Institutional | Bitcoin's decoupling from traditional assets highlights its maturing role as a store-of-value. | "This week’s decoupling...may be as close as we come to such a moment." | 🏛️ 💰 Coinbase Report |
Dr. Kirill Kretov, CoinPanel | 💰 Low liquidity makes the market vulnerable to price swings. | 💰 "The market is thin, vulnerable, and easily moved by large players." | CoinPanel Telegram Note |
John Glover, Ledn | 💰 📈 BTC is in its final wave of a multi-year bull market. | "My expectations continue to be for a rally to $133-$136k..." | 📊 Technical Analysis - Elliott Wave Theory |
🔮 Future Outlook
📈 While short-term volatility is expected due to low liquidity, many analysts see this rally as the beginning of a longer-term upward trend for Bitcoin. John Glover's Elliott Wave analysis predicts a potential price surge to $133-$136,000 by early 2026. However, the analyst acknowledges that a retest of this month's low at $75,000 remains a possibility.
The continued adoption of Bitcoin by institutional investors, as evidenced by the massive ETF inflows, suggests a strong underlying demand that could support further price growth.
Further, the emergence of firms like Twenty One Capital, backed by significant players like Tether and SoftBank, further contributes to the narrative of increasing institutional confidence in Bitcoin. Their plans to hold substantial amounts of BTC signal belief in Bitcoin's long-term potential.
💧 However, investors must remain cautious given the low liquidity in the market, which makes it susceptible to sharp price fluctuations. It is critical to conduct thorough research and manage risk appropriately.
This post builds upon insights from the original news article, offering additional context and analysis. For more details, you can access the original article here.