Skip to content
Back to Guavy Wire
Crypto

Bitcoin Institutions Resume Net Buying at $63K

Instruments
BTC
Share

Bitcoin has seen institutions resume net buying at $63K for the first time since May, according to Charles Edwards of Capriole. This shift in institutional behavior is historically followed by significant price movements.

The current price of Bitcoin sits at $77,167.03 inside its Bollinger Bands, with the 50-EMA and 200-EMA acting as layers of support. The MACD golden cross remains bullish, while the RSI indicates overbought conditions near upper-band resistance of $81,710.26.

With price testing upper Bollinger resistance, a healthy retracement towards the 50-EMA support at $69,637.68 appears probable before continuation. This setup is already being reflected in updated BTC price prediction models and ongoing analysis of institutional crypto flows.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc