Bitcoin has stabilised above the 84,200 dollar level after spot Bitcoin ETFs recorded 340 million dollars in net inflows over the past week, reversing three consecutive weeks of outflows that had rattled market sentiment.
BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows with 180 million dollars, followed by Fidelity’s FBTC at 95 million dollars. Grayscale’s GBTC continued to see modest outflows of 22 million dollars, though the pace has slowed considerably from earlier months.
On-chain data shows whale addresses holding more than 1,000 BTC have increased their positions by 2.3 percent over the past 14 days, suggesting institutional accumulation at current levels. Exchange balances have also declined, indicating coins are being moved to long-term storage.
Technical analysts point to the 80,000 dollar level as strong support, with resistance at the all-time high of 89,400 dollars set in January 2026. The relative strength index suggests the market is neither overbought nor oversold at current levels.
The broader crypto market cap has recovered to 3.2 trillion dollars, with altcoins generally underperforming Bitcoin as investors favour the relative safety of the leading cryptocurrency during uncertain macro conditions.