Bitcoin recorded its first weekly close above its 50-week moving average since November, marking a breakout with the critical level at $82,500. Wintermute analysts warn against a premature altcoin rally: in 80% of similar cases, altcoins stagnated or corrected when Bitcoin failed to confirm their gains. XRP and Ethereum now depend on Bitcoin’s ability to sustain this breakout, while institutional players are buying call options targeting $126,000 by year-end. Spot Bitcoin ETF inflows reached $999 million on Monday, their highest level in 2026, before falling to $150 million by Friday. Two factors will determine market direction: Bitcoin holding above $82,500 and Friday’s US jobs report.
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