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Bitcoin's weekly momentum proved resilient as the flagship cryptocurrency charged toward the $97K barrier, fueled by a notable uptick in institutional capital pouring into spot Bitcoin ETFs. The buying pressure reflected growing institutional appetite for direct Bitcoin exposure through regulated investment products.
However, after testing those elevated levels, Bitcoin retreated to the $95K range, where it has consolidated trading activity. The price action highlights the ongoing tug-of-war between bullish institutional momentum and profit-taking dynamics. This consolidation phase around $95K represents a critical support level worth monitoring—a breakdown could trigger further pullbacks, while a sustained hold might signal the next leg higher. The interaction between ETF flows and price discovery remains one of the most important metrics for understanding Bitcoin's near-term trajectory in the current market cycle.