Can Bitcoin End Its Five-Week Losing Streak? Key Resistance at $95,000 Becomes the Bull-Bear Divide

Bitcoin (BTC) rebounded after five consecutive weeks of decline, but upward momentum remains weak, and there are still key levels that need to be broken before a true reversal can occur. Although BTC reclaimed a critical price point in the past 24 hours, institutional demand and on-chain activity continue to be sluggish, leaving the market vulnerable this week.

The biggest current risk comes from insufficient demand. According to Farside data, spot Bitcoin ETFs saw only $8.5 million in inflows on Monday, while outflows reached as much as $61.6 million. This means the recovery in Bitcoin’s price has not been supported by actual institutional capital. ETFs are typically viewed as a barometer of institutional sentiment, and the recent ongoing net outflows reflect continued market caution. However, this trend has started to reverse: on Tuesday, Bitcoin ETFs recorded net inflows of $58.5 million, while Ethereum ETFs had net outflows of $9.9 million.

On-chain data also indicates weakening fundamentals. Both whales and retail investors have shown a marked decrease in trading activity, signaling reduced network participation. When both large-scale and small-scale traders pull back simultaneously, it typically points to insufficient demand and a lack of natural buying pressure, making it difficult for Bitcoin to mount a strong rebound.

From a technical perspective, as of press time, Bitcoin is priced at $92,939, having successfully broken through the $91,521 resistance level, but $95,000 remains a critical threshold. If demand continues to be weak, BTC could face resistance near $95,000 and pull back in the short term, possibly falling below $91,521 again, or even further retesting $89,800 and $86,822, thus extending the five-week decline.

Conversely, if Bitcoin can successfully break and hold above $95,000, it would signal a break in the downtrend structure, giving the market a chance to regain momentum and push toward $98,000, indicating a shift from a rebound to a trend reversal.

Overall, Bitcoin’s short-term outlook still depends on whether capital inflows and on-chain demand can recover. $95,000 will be the key battleground between bulls and bears and an important signal for whether Bitcoin can end its five-week losing streak.