Bitcoin Holds Near $80K Amid Strong ETF Inflows

Bitcoin's price has remained stable near $80,000 after briefly surpassing $82,000 earlier this month. Strong demand from U.S. spot Bitcoin ETFs is supporting the market, with nearly $1 billion in inflows last week adding to a three-week streak totaling about $3.8 billion.

According to technical indicators, Bitcoin is consolidating within a tight range between $79,000 and $81,000, with momentum cooling and no clear short-term bullish trend yet.

The key resistance level to watch is $82,000, while support lies near $79,000 and $78,500. Continued ETF inflows are providing market support, but buyers need to reclaim the $80,000-$82,000 range to push prices higher.