Bitcoin Rally Hits Major Resistance as ETFs Pull In $1.92B in One Week
Key Insights:
- Bitcoin faces 21- and 50-week EMA resistance despite trading near $77,232.
- U.S. spot Bitcoin ETFs drew $1.92B, their strongest week since October 2025.
- Bitcoin broke its summer range, but 66Kโ67K remains a possible retest zone.
Bitcoin rally momentum is running into a major technical test after price climbed toward $80,000 during a strong weekly advance. BTC price traded at $77,231.62, while U.S. spot Bitcoin ETFs attracted $1.92 billion in weekly net inflows.
The buying marked the strongest ETF week since October 2025, when inflows reached $2.71 billion. However, Rekt Capital said Bitcoin still faces resistance around important long-term moving averages.
Bitcoin Rally Tests Key Weekly Moving Averages
Rekt Capital, a crypto investor and analyst, said Bitcoin has rallied into its 50-week exponential moving average, which is currently acting as resistance. The analyst said Bitcoin must reclaim that level as support to strengthen the case for further upside.
The analyst also identified the 21-week EMA as another level that has not yet been technically reclaimed. Both averages have historically acted differently across bullish and bearish market phases, according to his analysis.
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