Bitcoin ETFs: Hit 5-Week Buying Streak

Bitcoin ETFs smashed a 5-week buying streak, pulling in fresh capital as basis trade hedges unwind and institutional appetite roars back, per Decrypt data. This reverses recent outflows tied to compressed futures spreads, not broad panic—echoing last year's concentrated ETF flows where hedge funds harvested basis arbitrage without shifting core sentiment.

Traders eye this as a pivot, with BTC inflows streaking amid hype around assets like TAO in the broader crypto rally, potentially averting a crypto market crash while boosting BTC price prediction models.

On the 4h chart, BTC grinds at $81,033 amid a bullish backbone—price sails above the EMA50 at $79,588 and EMA200 at $75,636, treating these as rock-solid support floors for any dips. Yet MACD flashes a death cross with a 610 reading, screaming short-term bearish exhaustion, while RSI at 54.51 stays neutral, no overbought frenzy. Volatility squeezes inside Bollinger Bands, hugging the upper rail at $82,613 as resistance and lower at $79,381 as bounce territory—expect a tactical pullback to test that EMA50 before bulls reload for the next leg up, especially with institutional flows greasing the wheels.