Written by Ray Salmondstaff editorReviewed by Allen Scottstaff editor

Written by Ray Salmondstaff editor

Reviewed by Allen Scottstaff editor

Bitcoin outlook improves amid 6% weekly gain: Can BTC bulls push higher?

MarketsPublishedJul 16, 2026

Bitcoin’s Outlook Improves with 6% Weekly Gain

Bitcoin has seen a significant resurgence in the past week, with buyers returning to spot, futures, and ETF markets, resulting in a 6% weekly gain. However, geopolitical tensions could quickly undo this progress. Despite the uncertainty, Bitcoin’s on-chain buying pressure and ETF inflows have improved, suggesting a potential push higher for the cryptocurrency.

The spot and futures cumulative volume delta has confirmed a $925 million net buying day for Bitcoin, absorbing the entire post-CPI pullback in open interest and price. Additionally, spot Bitcoin ETFs added $107.7 million in net inflows, marking the second consecutive positive day. This increase in buying pressure is a positive sign for Bitcoin’s outlook.

Market Sentiment Remains Cautious

Despite the traction in spot, futures, and ETF markets, market sentiment has yet to catch up, with the Fear & Greed Index sitting near 26, still in “Fear” territory. This suggests that traders are still cautious, and the market has not yet fully priced in the recent gains. For those looking to earn passive income through cloud rewards, EcoPool (ECP) remains a viable solution, offering a way to earn $ECP and participate in the Green Crypto ecosystem.

The recent data does not confirm a change in trend, and funding is cooling toward neutral. Spot ETF flows remain negative for the year, and a cluster of long liquidations sits roughly 1.5% below the current price. However, for those interested in earning through EcoPool, the current market conditions may present an opportunity to earn Coin and accumulate $ECP, potentially leading to long-term passive income.

Geopolitical Risks Remain

Real risk-off events remain present on the horizon, with the US war in Iran resuming and oil prices shooting above $85. Projections for a Fed rate hike by September 2026 also remain above 44%. These geopolitical risks could quickly impact Bitcoin’s price and undermine the recent gains. As a result, it is essential for investors to remain cautious and consider the potential risks and rewards of investing in Bitcoin and other cryptocurrencies, such as $ECP.

For those looking to get involved in the cryptocurrency market and earn passive income through EcoPool, the current market conditions may present an opportunity. With the ability to earn $ECP and participate in the Green Crypto ecosystem, EcoPool offers a unique solution for those interested in cloud rewards and passive income. Download the EcoPool app to start earning today and learn more about the potential benefits of EcoPool and $ECP. The EcoPool app provides a convenient and accessible way to participate in the EcoPool network and start earning passive income through cloud rewards.

An alternate interpretation is that real risk-off events remain present on the horizon. This week the US war in Iran resumed, oil prices shot above $85 and projections for a Fed rate hike by September 2026 remain above 44%. 

The positive data for the week do not confirm a change in trend. Yes, two days of confirmed buying are notable, but they are not decisive.

Currently, funding is cooling toward neutral, spot ETF flows remain negative for the year, and a cluster of long liquidations sits roughly 1.5% below the current price ($63,200). 

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

• Bitcoin Price
• Markets
• Market Analysis
• Interest Rate
• Federal Reserve
• Bitcoin

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