Overview
- Spot Bitcoin ETFs saw heavy withdrawals this week, including a $709 million single-day outflow on Jan. 21 and continued net outflows reported into the weekend.
- Trend Pulse shows Bitcoin in Bear Mode for 83 straight days, with negative short-term returns and a weak moving‑average setup capping rebounds.
- Whale balances have climbed to roughly 3.2 million BTC while long‑term holder activity remains muted, signaling accumulation as retail reduces exposure.
- Miner financial stress appears to be easing as a key health index trends back toward neutral, a pattern that previously preceded recoveries.
- Analysts outline divergent paths, from near-term resistance around $91.2K–$92.5K and risk toward $86K–$83.5K to longer‑range views spanning sub‑$60K scenarios and 2026 super‑cycle forecasts.