Bitcoin Surges to $81K as US Spot ETFs See Record Inflows
Bitcoin has regained its spot near $81,000, according to recent market trends. This price level is significant as it aligns with the cryptocurrency's 50-week moving average. Notably, every weekly close since November 2025 has been rejected at this key price.
The U.S. spot Bitcoin ETFs have also seen substantial growth, recording $730.8 million in net inflows yesterday. This influx of investment is a positive sign for the market and could be indicative of increased confidence in Bitcoin's future value.
Quinten Francois highlighted earlier this year that a weekly close above $81,000 would be significant, potentially prompting Bitcoin's first Supertrend bullish flip since January 2023. Francois has been monitoring technical indicators like the 200-week moving average to gauge market direction.