Crypto Scenario Insights

Bitcoin Consolidates Above $64K Amidst ETF Inflows — Can It Break Resistance?

What happened

Bitcoin has maintained its position above $64,000, supported by positive spot ETF inflows, despite recent selling pressure.

What we think

The most likely scenario is Bitcoin consolidating around the $64,000 level, with a 50% probability. This stability is underpinned by consistent, though moderate, spot Bitcoin ETF inflows.

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Bitcoin Consolidates Above $64K Amidst ETF Inflows — Can It Break Resistance?

We explain what happened and what could follow. We do not forecast prices.

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