Core Insights - Bitcoin price is experiencing mild bearish pressure amid global market uncertainty, but strong demand for spot Bitcoin ETFs indicates a potential shift in investor sentiment towards a more positive outlook [1] Group 1: Bitcoin ETF Inflows - Spot Bitcoin ETFs recorded inflows of $1.42 billion over the past week, the highest weekly total in three months, reflecting renewed institutional interest [2] - Such inflows are often indicative of growing investor confidence, suggesting that capital entering ETFs reflects longer-term positioning rather than short-term speculation [3] Group 2: Market Indicators - The Pi Cycle Top Indicator shows divergence, indicating that the market is not overheated, which historically aligns with low-risk or early-to-mid bull market phases [4][5] - Bitcoin price is currently trading near $95,173, maintaining support above the critical $95,000 level, suggesting active buyer participation [6] Group 3: Price Projections - If bullish sentiment continues, Bitcoin could rebound towards $98,000, potentially reclaiming the 200-day exponential moving average near $95,986, which would restore bullish momentum [7] - A shift in investor sentiment or outflows from spot ETFs could weaken the bullish setup, exposing Bitcoin to a decline towards $93,471 [8]

RT Bitcoin Magazine (@BitcoinMagazine)JUST IN: The Pi Cycle Top Indicator shows that #Bitcoin may top out above $194,500 this cycle 🚀Bullish! 🐂 https://t.co/Fj7uBmiEyq ...

Market Trend - The Pi Cycle Top Indicator suggests Bitcoin may peak above $194,500 this cycle [1] Investment Opportunity - Bullish outlook on Bitcoin's potential price increase [1]

JUST IN: The Pi Cycle Top Indicator shows that #Bitcoin may top out above $194,500 this cycle 🚀Bullish! 🐂 https://t.co/Fj7uBmiEyq ...