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Bitcoin’s Bull Case Hinges on Macro Conditions, Wintermute Says

By Kevin Helms | 2026-05-06 02:30:11 | 4 months ago

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Bitcoin’s upside remains tied to macro stability as BTC trades near $81,000.

Wintermute said strengthening on-chain data and ETF inflows have not yet confirmed an independent breakout.

Key Takeaways: Bitcoin approached $82,000 resistance but still lacks confirmation of a sustained breakout.

ETF inflows reached $2.6 billion, while late outflows signaled weakening demand.

Macro factors, including

keywords : Markets and Prices|Bitcoin (BTC)

sentiment : NEUTRAL

category data : BTC | TRADING | CRYPTOCURRENCY