Bitcoin (BTC) price moved closer to a monthly high near $74,000, posting a weekly gain of 10.42%, its strongest seven-day return since September 2025.
Spot market activity, exchange-traded fund (ETF) flows, and corporate-level BTC accumulation suggest a positive shift in demand, as analysts monitor whether new buying pressure can support a rally to higher price levels.
Coinbase Bitcoin Premium Gap Reverses After 10 Weeks
IT Tech Crypto Analyst note that the Coinbase premium spread, which measures the price difference between Bitcoin on Coinbase and global exchanges, is currently +35.4, marking its first positive impression in almost ten weeks.
The metric previously fell to -175 on February 2, when Bitcoin was trading near $78,000. This period marked the most significant negative reading during the correction that pushed BTC towards $60,000.
The premium remained in negative territory for most of 2026, reflecting continued selling pressure from U.S. spot traders. A positive premium signals buying pressure, coinciding with the BTC rally.
BTC spot ETF flow have also improved over the past three weeks. Net inflows now exceed $1.9 billion, in line with the recent recovery and increased institutional activity.
The additional request came from corporate purchases. Strategy acquired 11,042 BTC this week through its STRC funding program, adding to the regular supply supporting Bitcoin’s sharp rise since Monday.
Related: STRC Could Help Strategy Reach Million Bitcoin Milestone Before BlackRock
BTC liquidity clusters hover 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 became resistance on January 20.
If Bitcoin stabilizes above $74,000, the price to returnan area with dense liquidity. The liquidation map shows around $1.9 billion in leveraged long positions clustered just above $75,000, which may attract price as BTC seeks higher liquidity zones.
Above $75,000, nearly $2 billion of sell-side liquidity sits between $76,000 and $80,000, although spread across a $4,000 range.
If BTC breaks through this region, the next close technical range is between $79,400 and $81,400, where a 1-hour fair value gap (FVG) formed during the previous decline. These imbalances between buyers and sellers are often key inflection points for continuation.
Speaking on the potential retest of $74,000, crypto trader Ardi said Bitcoin needs to turn this level into support and reclaim the $85,000 region to rebuild a longer time frame uptrend (HTF).
Meanwhile, MN Capital founder Michaël van de Poppe identified $76,000 to $79,000 as a resistance band where additional momentum could flow into the altcoin markets.
A move into this region presents a monthly trend in engulfing candles, erasing the February correction for BTC. An engulfing uptrend on the monthly chart can spark more buying pressure from traders because it marks a positive change on an HTF chart.
Related: Bitcoin’s Catch-Up Against Gold Hints at a ‘At-Risk Opportunity’
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