Bitcoin Price Analysis: BTC Holds $95,000 Ahead Of PCE Data

Bitcoin (BTC) held above $95,000 over the weekend despite facing some selling pressure and dropping to a low of $94,854 early on Sunday. The flagship cryptocurrency rebounded from this level to reclaim $95,0000 and move to its current level of $95,140, marginally down over the past 24 hours. 

Spot Bitcoin ETFs registered their strongest week since October, recording $1.42 billion in net inflows and reversing prior outflows and reinforcing bullish momentum as investors eye the $100,000 price level. Rising open interest and bearish retail sentiment also indicate fresh long positioning and a possible breakout. 

Spot Bitcoin ETFs Record Strongest Week Since October 

Spot Bitcoin ETFs recorded over $1.4 billion in net inflows last week, marking their strongest weekly performance since October as institutional demand regained momentum. According to data from CoinGlass and SoSoValue, spot Bitcoin ETF inflows spiked last week and recorded the largest single-day inflow of $844 million on Wednesday, followed by a $754 million inflow on Thursday. However, on Friday, the ETFs recorded $395 million in net outflows. Despite the Friday outflows, the four-day inflow streak pushed the weekly total to $1.4 billion, the strongest since October 2025, when weekly inflows reached $2.7 billion. Vincent Lui, Chief Investment Officer at Kronos Research, believes long-only allocators are re-entering the market after an extended period of caution. 

Liu stated that large holders have significantly reduced net selling, easing a key pressure source. Combined with steady ETF buying, available supply seems to be tightening despite price volatility.

Coinbase CEO Denies White House Rift 

Coinbase CEO Brian Armstrong has denied recent reports claiming the White House is considering withdrawing support for the CLARITY Act. Armstrong added that the industry is working on several ideas in the bill designed to help community banks. The Coinbase CEO stated in response to a report by crypto journalist Eleanor Terrett, 

Coinbase withdrew support for the CLARITY Act on Wednesday over concerns that the legislation would be detrimental to the decentralized finance (DeFi) sector, ban tokenized stock trading, and prohibit stablecoin yield. Armstrong had stated, 

Steak ‘n Shake Is The Latest To Bet On Bitcoin 

American burger chain Steak ‘n Shake has become the latest company to step into corporate Bitcoin ownership, purchasing around 105 BTC for $10 million. The purchase marks the company’s first disclosed Bitcoin purchase since it began accepting crypto payments in May 2025. The burger chain announced the purchase in a post on X, stating that its approach ties rising same-store sales to long-term growth, creating what the company called a self-sustaining model. 

Bitcoin (BTC) Price Analysis 

Bitcoin (BTC) is eying a move back to the psychological $100,000 level as spot ETF demand returns. Spot Bitcoin ETF demand returned last week as they reported four consecutive inflow days. The ETFs started the previous week with $112 million in net inflows, followed by $753 million on Tuesday. Wednesday saw the single-largest day total of $843 million, followed by $100 million on Thursday. However, the trend reversed on Friday, with the ETFs recording $394 million in outflows. Rising ETF demand is crucial for Bitcoin’s demand and supply balance, helping the flagship cryptocurrency cross $97,000 on Wednesday. 

Rising ETF demand coincided with a substantial increase in open interest, indicating a possible breakout. Market analytics platform Santiment stated, 

While rising open interest does not necessarily indicate a price breakout, it suggests new money is entering long positions, often a bullish sign. However, Santiment noted that commentary on Bitcoin on social media has shifted to a bearish tone. 

Meanwhile, US labor market and inflation data will be in focus this week, possibly influencing rate cuts and demand for risk assets. Softer labor market conditions and cooling inflation could increase the chances of a March rate cut. Analysts and economists expect the US Core PCE Price Index to rise 2.7% year-on-year in November. 

BTC ended the previous weekend in positive territory, rising 0.99% to $91,494. Bullish sentiment intensified on Monday as the flagship cryptocurrency rose 2.60%, crossing $93,000 to $93,870. Selling pressure returned on Tuesday as the price dropped to a low of $91,203 before reclaiming $93,000 and settling at $93,722. Selling pressure intensified on Wednesday as BTC fell nearly 3% to $91,279. Sellers retained control on Thursday as the price briefly fell to a low of $89,200 before settling at $91,026. BTC faced volatility on Friday as buyers and sellers struggled to establish control. Sellers ultimately gained the upper hand as the price fell 0.56% to $90,515.

Source: TradingView

Price action was mixed over the weekend as BTC registered a marginal drop on Saturday before rising 0.54% on Sunday to $90,872. The price faced volatility on Monday as buyers and sellers struggled to establish control. Buyers ultimately gained the upper hand as BTC registered a marginal increase to $91,188. The flagship cryptocurrency rallied on Tuesday, rising nearly 4% to reclaim $95,000 and settle at $95,384. Buyers retained control on Wednesday as BTC rose 1.65% to $96,955. Selling pressure returned on Thursday as the price fell 1.41% to $95,587. BTC registered a marginal decline on Friday and 0.41% on Saturday to $95,109. The flagship cryptocurrency is marginally down during the ongoing session, trading around $95,066.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.