Bitcoin recovers as ETF inflows return

Bitcoin hovered around $91,000 after recovering from a drop towards $80,000 earlier in the week. The latest catalyst was an increase in demand for spot Bitcoin ETFs in the US. Funds recorded $54.79M in inflows on December 5, reversing significant previous outflows and signaling institutional confidence in improvement.

ARK Invest's ARKB led with $88M in inflows, even as other issuers saw rotation. The return of ETF engagement added support to the short-term bullish momentum, helping BTC recover key averages.

However, activity in the spot market continued to cool, contributing to a narrow trading range near the $90K–$92K zone.

The Technical Image Shows Mixed Momentum

Technical indicators reveal a mix of strength and caution.$BTC #BTCHashratePeak