Bitcoin edges higher as ETF flows resume

Consolidation phases can be frustrating, but they're also where opportunities form.

BTC climbed 1.8% after two sessions of ETF outflows reversed, with spot buying concentrated in US trading hours. We've cross-referenced this with 4 additional reports from our intelligence streams, and the picture is consistent.

Intelligence Summary

1. Bitcoin edges higher as ETF flows resume — via perplexity-forex BTC climbed 1.8% after two sessions of ETF outflows reversed, with spot buying concentrated in US trading hours. 2. Trump slaps 'sweeping' new tariffs on 60 trade partners as global duties expire — via cnbc-top The Trump administration has ramped its tariff actions back up since the president's trade agenda suffered major legal setbacks earlier this year. 3. Saylor and team overhaul Strategy's bitcoin metrics as bear market persists — via coindesk New framework gives common shareholders a clearer view of net bitcoin exposure after preferred stock and convertible debt obligations 4. Russian attack cuts power to around 150,000 in Ukraine’s north as Kyiv hits missile, oil facilities — via cnbc-top The update comes as Ukrainian President Volodymyr Zelenskyy welcomed strikes on a key missile components facility in the Russian city of Kirov. 5. Trump’s trade war shifts from shakedown to lock-in — via ft-world The administration wants to ensure the US ‘gets paid’ for the superpower services it provides to the world

Our Analyst's View

We're seeing mixed signals on $BTCUSD and $USOIL, which tells us the market hasn't made up its mind yet. In our experience, these periods of indecision often precede the biggest moves — but the key is waiting for confirmation rather than guessing the direction.

Our signal engine requires multi-source convergence before publishing a call. Right now, we're at 2 out of 3 confirmations. We'll publish if and when the final piece falls into place.

Macro Context

Understanding the broader context is critical for any trade:

• Risk appetite: Are equities, crypto, and high-yield bonds moving together? That tells you about overall sentiment.
• Volatility: VIX levels above 20 suggest hedging demand is elevated. Adjust position sizing accordingly.
• Correlation shifts: When assets that normally move together start diverging, something structural is changing.
• Calendar awareness: Check the economic calendar for catalysts that could override technical setups.

The Contrarian Angle

When everyone's confused, that's actually useful information. Historically, prolonged consolidation in $BTCUSD tends to resolve in the direction of the preceding trend. Don't let indecision paralyze you — use it to map out both scenarios and pre-plan your entries.

Your Game Plan

• Range boundaries: Define the upper and lower bounds of the current range. Trade within it, or wait for the break.
• Volume: Watch for volume spikes — they'll signal which way the range resolves.
• Signal confidence: Use Markitel's confidence score to filter. In choppy markets, only take 75%+ setups.
• Upcoming catalysts: Check the calendar — the next macro event could be the range-breaker.

We publish these briefs daily. Follow along to stay ahead of the curve.

--- Sources: perplexity-forex, cnbc-top, coindesk, ft-world · Analysis by Markitel Market Intelligence · July 24, 2026