Wintermute Analyzes Bitcoin's Potential for Next Rally Amid ETF Inflows

TL;DR

• Wintermute sees Bitcoin holding above $80,000 despite renewed rate-hike pressure.
• U.S. spot Bitcoin ETFs attracted $987 million last week, extending a three-week inflow streak.
• A break above $82,000 could strengthen the bullish setup, while $72,000 remains the key level that would challenge the view.
  

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Bitcoinremains within striking distance of a fresh breakout, and Wintermutesees evidence that the recent rallyhas stronger support than earlier moves in 2026. Wintermute says Bitcoin’s resilience keeps the door open for another advance.

Bitcoin has recently traded around the $80,000 area after reaching $82,400 before the latest U.S. payrolls report. The employment data lifted expectations for a September rate hike toward 60%, putting pressure on risk assets. Yet BTC finished the week up 3.45%, showing that buyers continued to defend the recovery. Current market data also shows Bitcoin near $78,000, leaving the $80,000-$82,000 region as an important test.

Bitcoin Rally Gains Institutional Support

Wintermute’s latest market update points to $987 million of net inflows into U.S. spot Bitcoin ETFs during the week. That marked a third consecutive positive week and brought cumulative inflows during the streak to roughly $3.8 billion. Thursday alone generated $731 million, the strongest daily inflow since January.