Bitcoin (BTC) Price: Holds Near $79K as ETF Inflows Support Demand

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TLDRBitcoin trades at $78,788.45, down 1.93% over the past day.BTC remains above its 20, 50, 100, and 200-day EMAs.The 14-day RSI sits at 61.50, showing positive but cooling momentum.Bitcoin ETFs saw $161.83 million in net inflows over 24 hours, per Lookonchain.Open interest stands near $53 billion as traders watch the $80,000 resistance level.Bitcoin price is trading at $78,788.45 as of early September 2026. That marks a drop of 1.93% from the previous day.Despite the daily dip, Bitcoin remains above all four of its key exponential moving averages. This includes the 20-day, 50-day, 100-day, and 200-day EMAs on the daily chart.The 20-day EMA sits at $76,715.73. The 50-day EMA is at $72,047.78, while the 100-day and 200-day EMAs stand at $70,254.03 and $72,739.62.Traders are watching $80,000 as the next resistance level. A move above that price could open the door toward the $82,500 area.Bitcoin Price on CoinGeckoWhat the RSI and Open Interest ShowBitcoin’s 14-day relative strength index reads 61.50. That is below overbought territory but still above the 50 mark, which signals positive momentum.The RSI has slipped from recent highs. This points to a cooling trend as Bitcoin consolidates below $80,000.CoinGlass data shows Bitcoin’s open interest near $53 billion. Trading volume has also seen several spikes in recent weeks, pointing to active derivatives positioning.ETF Inflows Continue to Support PriceOn-chain analytics account Lookonchain posted updated Bitcoin ETF flow figures. The tweet read: “1D NetFlow: +2,038 $BTC (+$161.83M)” and “7D NetFlow: +11,093 $BTC (+$880.76M).”Sept 7 Update:#Bitcoin ETFs:1D NetFlow: +2,038 bitcoin:native(+$161.83M)7D NetFlow: +11,093 bitcoin:native(+$880.76M)#Ethereum ETFs:1D NetFlow: +22,023 $ETH(+$55.04M)7D NetFlow: +64,879 $ETH(+$162.16M) pic.twitter.com/q1EOxOxZe4— Lookonchain (@lookonchain) September 7, 2026The post shows Bitcoin ETFs added 2,038 BTC in a single day, worth $161.83 million. Over seven days, net inflows reached 11,093 BTC, totaling $880.76 million.Lookonchain’s numbers point to steady demand for Bitcoin exchange-traded funds. This comes as BTC trades below the $80,000 resistance level.Separate data from SoSoValue adds more detail to the picture. Bitcoin spot ETFs recorded $174.60 million in inflows on September 4.Total net assets across Bitcoin spot ETFs reached $101.25 billion, according to SoSoValue. Cumulative net inflows since launch now stand at $55.62 billion.The two data sources cover different dates but tell a similar story. Both show continued ETF demand while Bitcoin holds below its key resistance level.For now, $80,000 remains the level traders are watching most closely. The 20-day EMA at $76,715 is seen as the first line of support below current prices.A break below that EMA could bring the $72,739 area back into focus. A move above $80,000, meanwhile, would put the $82,500 zone in sight.The post Bitcoin (BTC) Price: Holds Near $79K as ETF Inflows Support Demand appeared first on Blockonomi.