Bitcoin Price Struggles to Break Above $87,300

Bitcoin's price has been on a volatile ride over the past week, reaching as high as $87,000 before losing momentum. Currently trading at around $84,200, BTC is still up by roughly 3.8% over seven days.

The recent surge in price was largely driven by strong U.S. spot Bitcoin ETF inflows, with Farside data showing more than $2.2 billion entering the funds from September 21 to 24. However, this trend has reversed, with a net outflow of $11.8 million on September 25.

This shift in demand leaves BTC facing a crucial question: can it break higher without the same ETF tailwind that helped drive the rebound?