Bitcoin (BTC) price rallied close to a monthly high near $74,000, posting a 10.42% weekly gain, its strongest seven-day return since September 2025. The spot market activity, ETF flows, and corporate-level BTC accumulation suggest a positive shift in demand, as analysts monitor whether the renewed buying pressure can support a rally to higher price levels. The Coinbase premium gap, which measures the price difference between Bitcoin on Coinbase and global exchanges, currently reads +35.4, marking its first positive print in nearly ten weeks. The metric previously dropped to –175 on Feb. 2, when Bitcoin traded near $78,000.
That period marked the deepest negative reading during the correction that pushed BTC toward $60,000. The premium has remained in negative territory for the majority of 2026, reflecting persistent selling pressure from the US spot traders. Spot BTC ETF flows have also improved over the past three weeks. The net inflows now exceed $1.9 billion, in line with the recent recovery and rising institutional activity.
The additional demand came from corporate buys. Strategy acquired 11,042 BTC this week through its STRC financing program, adding to the steady bid supporting Bitcoin’s sharp rise since Monday. BTC liquidity clusters sit above $75,000. Bitcoin is currently attempting to reclaim its 100-day moving average on the daily chart, marking the first major retest of this level since it flipped into resistance on Jan. 20.
Leave a Reply