Bitcoin Surpasses $107K – Is More Growth Ahead?

Bitcoin Price $107K Sparks Momentum Amid ETF Inflows and Liquidations

Bitcoin price $107K has captured market attention after a 3.19% surge in the past 24 hours, setting a new weekly high of $107,106. This sharp upward move reflects strong investor sentiment, driven by institutional ETF inflows and a record wave of short liquidations. But can the rally last?

SOURCE : CryptoQuant

Short Liquidations Trigger Bullish Acceleration

In the past day, Bitcoin recorded its largest short liquidation of the year on Binance. The price jumped from $103,195 to $105,535, a 3.48% gain, forcing many traders betting on a decline to exit their positions.

This led to a $66.3 million loss among short sellers, accelerating the upward pressure. Liquidation events like this often signal renewed momentum and capital inflows, especially during key price surges.

Institutional Inflows Reinforce Market Confidence

A new wave of institutional activity is helping fuel Bitcoin’s upward trajectory. According to DigitalCryptoworks, 10 Bitcoin spot ETFs saw a combined net inflow of 2,103 BTC, valued at $210.67 million.

BlackRock’s iShares ETF alone contributed 1,250 BTC, increasing its total holdings to 633,212 BTC, currently valued at over $66 billion. These moves show growing confidence from traditional investors returning to digital assets.

Caution Signs: Overheated Indicators and Potential Sell Pressure

Despite strong momentum, some market signals suggest caution. The Binary Coin Days Destroyed (CDD) metric is currently reading 1, which may imply long-term holders are beginning to move funds—often a sign of profit-taking.

In addition, Bitcoin’s RSI is nearing overbought levels, historically followed by short-term corrections. If BTC fails to stay above key psychological levels, it could temporarily retrace before any further rally.

Outlook: Can Bitcoin Hold the Gains?

While the Bitcoin price at $107K is a bullish signal, sustaining it will depend on continued ETF inflows and strong market sentiment. With both institutional and retail participation on the rise, the next few days will be critical in determining the short-term trajectory.