{"id":857721,"date":"2025-06-24T09:13:32","date_gmt":"2025-06-24T14:13:32","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/24\/bitcoin-records-2nd-consecutive-week-of-cash-inflows-is-a-breakout-rally-coming\/"},"modified":"2025-06-24T09:13:32","modified_gmt":"2025-06-24T14:13:32","slug":"bitcoin-records-2nd-consecutive-week-of-cash-inflows-is-a-breakout-rally-coming","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/24\/bitcoin-records-2nd-consecutive-week-of-cash-inflows-is-a-breakout-rally-coming\/","title":{"rendered":"Bitcoin Records 2nd Consecutive Week of Cash Inflows: Is a Breakout Rally Coming?"},"content":{"rendered":"
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\"bitcoin\"<\/figure>\n<\/div>\n
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Bitcoin (BTC) demand by institutional investors has remained high amid rising fears of short-term crypto market capitulation. According to market data from CoinShares, Bitcoin\u2019s investment product recorded the second consecutive week of cash inflow last week of about $1.1B.\u00a0<\/p>\n

As a result, the BTC\u2019s investment products have posted a net monthly flow of about $2.38 billion and a year-to-date cash inflow of around $12.7 billion. The United States led<\/a> in net cash inflows of about $1.25 billion, while Hong Kong and Switzerland posted a net cash outflow of about $32.6M and $7.7M respectively.<\/p>\n

\"CoinShares<\/figure>\n

Is Bitcoin Price Ready for a Bullish Breakout?<\/h2>\n

Bitcoin price has rebounded over 3 percent to trade about $104,100 on Monday, June 24, during the mid-North American trading session. The flagship coin, however, faces a significant resistance range between $110k and $112k.<\/p>\n

In the weekly timeframe, BTC price has been forming a potential macro double top coupled with a bearish divergence of the Relative Strength Index (RSI)<\/a>.<\/p>\n

\"BTC<\/figure>\n

With the market data from Coinglass showing more than $12 billion in cumulative short liquidation leverage, BTC price <\/a>faces further bearish sentiment in the coming weeks.\u00a0<\/p>\n

As Coinpedia reported<\/a>, crypto analyst Benjamin Cowen thinks that the wider crypto market, led by BTC, will record lower lows in the coming months and potentially establish a local low in August or in September, 2025.<\/p>\n

From a technical analysis standpoint, if BTC price consistently closes below $100k in the coming week, a selloff towards the support level around $96k will be inevitable.<\/p>\n<\/div>\n

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\n Steve Muchoki<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) demand by institutional investors has remained high amid rising fears of short-term crypto market capitulation. According to market data from CoinShares, Bitcoin\u2019s investment product recorded the second consecutive week of cash inflow last week of about $1.1B.\u00a0 As a result, the BTC\u2019s investment products have posted a net monthly flow of about $2.38<\/p>\n","protected":false},"author":1,"featured_media":857722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,1218],"tags":[],"class_list":{"0":"post-857721","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-records"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/857721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=857721"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/857721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/857722"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=857721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=857721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=857721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}