Crypto Scenario Insights

Bitcoin Nears $69K Resistance Amid ETF Inflows: Breakout or Retracement?

What happened

Bitcoin has demonstrated strength against macro headwinds, with US Spot ETFs recording positive inflows. The price is now approaching the Short-Term Holder Cost Basis at $69K, a significant resistance level, while on-cha…

What we think

Bitcoin is most likely to experience a period of consolidation around $65,287, oscillating between the $63K demand shelf and the $69K Short-Term Holder Cost Basis, with a 45% probability.

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Bitcoin Nears $69K Resistance Amid ETF Inflows: Breakout or Retracement?

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

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