Bitcoin demand reversal after months of negative trends at $63159.22 price level points to potential buyer absorption amid BTC price action.

Bitcoin at $77749.38 faces apparent demand contraction per CryptoQuant, locking the market in risk-off territory with retail sidelined.

According to Ki Young Ju, Bitcoin ETF cumulative inflows this year have reached 3,800 BTC, exceeding 3,500 BTC in the same year-to-date period last year. Source: Ki Young Ju on X, Jan 16, 2026. He also notes that January inflows are historically modest, with major inflows typically starting between February and April. Source: Ki Young Ju on X, Jan 16, 2026.

According to the source, BlackRock’s spot Bitcoin ETF (IBIT) posted its largest daily inflow in three months as crypto prices rose, source: the source. In a spot Bitcoin ETF, net creations require acquiring BTC to back new shares, making inflows a direct spot demand indicator, source: BlackRock iShares Bitcoin Trust prospectus filed with the U.S. SEC. Traders can monitor IBIT creations and redemptions as a near-term momentum gauge for BTC and related crypto equities, because ETF primary market activity reflects incremental demand, source: Bloomberg Intelligence ETF research on U.S. spot Bitcoin ETFs.