Bitcoin Reclaims $80K as ETF Inflows Return, But Rally Lacks Full Conviction
The post Bitcoin Reclaims $80K as ETF Inflows Return, But Rally Lacks Full Conviction appeared on BitcoinEthereumNews.com. TLDR: US Spot Bitcoin ETF inflows have turned firmly positive, signaling renewed institutional demand above the $80K level. The Realized Cap 30-Day Net Position Change recovered to $2.8B but trails the $10B+ seen in prior bull market phases. Bitcoin’s Relative Unrealized Loss compressed from 25% in February to 8%, shifting sentiment from fear to uncertainty. Overhead supply near $86.9K remains the critical resistance zone where prior accumulators approach breakeven and may sell. Bitcoin has climbed back above $80,000, supported by renewed ETF inflows, stronger spot demand, and improved speculative positioning. However, capital inflows remain well below thresholds seen during prior bull market expansions. Overhead supply near $86K continues to cap near-term momentum. The broader market structure is improving, but conviction is still rebuilding rather than fully conf