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Bitcoin Reclaims $65K as Bulls Eye the $67K Resistance.
Bitcoin has climbed back above $65,000, reclaiming key daily resistance around $64,000 and strengthening its short-term bullish structure. Holding above this level keeps the current sequence of higher lows intact, with the next major technical target sitting near $67,000. A successful breakout there could open the path toward the psychological $70,000 level.
The recovery is also receiving support from improving institutional sentiment. Spot Bitcoin ETFs recorded two consecutive weeks of net inflows after eight straight weeks of outflows, signaling that demand is beginning to return. However, the pace of inflows has slowed, suggesting stronger buying will still be needed to fuel a sustained rally.
Despite the positive daily outlook, Bitcoin's longer-term trend remains at a critical point. Bulls still need a monthly close above the long-term ascending trendline to confirm a broader trend reversal. Until then, the $64K support, $67K resistance, and $70K breakout zone remain the key levels to watch.
$BTC