TREE NEWS reports: Bitcoin surged to a record weekly gain of $14,775 last week, hitting $77,593, before pulling back to around $80K. US spot Bitcoin ETFs saw $2.8B inflows over eight days, but on-chain data shows a dense supply wall at $80K-$82K, making this a key resistance zone. Institutions like K33 and Bitwise see bullish signs, while CoinShares expects range-bound trading in the near term.
Bitcoin Holds $80K as Institutions and Smart Money Weigh In
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AI take
The dense supply wall at $80K-$82K is the immediate battleground, where ETF inflows and institutional optimism collide with on-chain selling pressure. The divergence between K33/Bitwise's bullish view and CoinShares' range-bound forecast underscores genuine uncertainty about whether momentum can clear this zone or if consolidation will set in. What matters next is whether ETF inflows persist at this pace — that flow data will likely be the clearest signal for which camp is right, more so than price chatter.
Generated by AI for reference only.
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