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Bitcoin's bullish trend strong but demand weakens as ETF inflows rise amid profit-taking.

Market News
30 Sep 2026
Crypto news
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Neutral
Bitcoin's bullish trend strong but demand weakens as ETF inflows rise amid profit-taking.

Bitcoin's Bull Score hit 90 after breaking its 365-day moving average, signaling strong market momentum. However, CryptoQuant's estimate shows a 170,000 BTC contraction in apparent spot demand over 30 days, indicating fewer new buyers absorbing supply despite rising prices. US spot Bitcoin ETFs attracted $2.39 billion in inflows during the week ending September 25, showing institutional interest. The market faces a test whether ETF inflows and fresh buyers can sustain the rally as long-term holders take profits and futures trading cools.

Bitcoin's bull score reached 90, signaling strong momentum but with unclear demand dynamics. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 30, 2026 17:21 WIB: out of 50 major cryptocurrencies, 20 rose and 29 fell today. Notable movers include ATOM at Rp30.936 with a 1-day change of -3.29% and Pluang order activity showing 85% Buy, UNI at Rp158.092 down 3.09% with 78% Sell activity, and ADA at Rp4.424 down 2.92% with 61% Sell activity.

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