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Institutional Inflow Surge: Bitcoin Targets $80,000 as ETF Demand Hits New Yearly Milestone

BTCUSD gained sharply on strong institutional demand. Currently trading about $73727, it has an intraday high of $73745.

With around USD 767 million in net additions for the week ending March 13, 2026, US spot Bitcoin ETFs reached a major milestone—their first five-day continuous inflow streak of the year. Under the direction of BlackRock's IBIT, which produced enormous daily hauls of USD 186 million and USD 143.6 million, this performance ably counteracted early March volatility and built on the USD 568 million inflows from the prior week. With about 11,000 BTC bought by these funds over this period, the data point to a strong rebound in institutional demand as the price of Bitcoin holds at close to the USD 70,000 threshold.

 

Technicals

CMP -$73690

Trend

4- Hour chart

Value

 

 

55 EMA

$70475

CMP > 55 EMA

Bullish

200- EMA

$70683

CMP >200- EMA

Bullish

365- EMA

$74392

CMP < 365 EMA

Bearish

 Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $74500. 

Momentum indicator (4-hour chart)

Inference

Value

CCI(50)

Bullish

183.39

ADX

Bullish

strength increased from 33.72 to 35.70

It is good to buy on dips around $73000 with SL around $70500 for a TP of $80000.

 

 

 

 

 

 

 

 

 

 

 

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