BTC has climbed back to around $68k, with a high near $68.8k
The recent rebound indeed has several catalysts: ETF inflows have resumed, market expectations for further Federal Reserve rate hikes have cooled somewhat, and the Trump administration continues to advance crypto-friendly regulations.
First target: $70k–72,000 From 64k → 70k, it only requires an approximately 9% gain. If BTC can hold steadily above 68k, then 70k is a very natural psychological level.
Second target: $75k–78k If there is no significant surge in selling volume after breaking above 70K, the next target is 75K–78K.
This phase would mean that the market has begun shifting from an “oversold rebound” to “expectations of a trend reversal.”
If Trump-related policies continue to deliver positive developments, ETF net inflows resume consistently, and expectations for Fed rate cuts or a pause in rate hikes strengthen further, BTC could very well challenge above 80K again.
The market has not yet fully confirmed the restart of the bull market.
If BTC breaks above and holds 70K effectively, rather than briefly surging before immediately falling back, then 75K–80K is likely. Conversely, if it repeatedly fails to break through 68K–70K, this is merely a short-term short squeeze, and a return to around 64K or even 60K would not be unusual.
Another point worth noting: recent market reports show that BTC’s resilience above 64K has strengthened somewhat, but ETF flows and macro risks have still not fully shifted into a strongly bullish environment.
Do not chase the rally now simply because of “positive Trump developments”; instead, focus on observing the quality of the breakout above 70K.
$BTC
#BTC升破69000美元日内涨幅6.43%
The recent rebound indeed has several catalysts: ETF inflows have resumed, market expectations for further Federal Reserve rate hikes have cooled somewhat, and the Trump administration continues to advance crypto-friendly regulations.
First target: $70k–72,000 From 64k → 70k, it only requires an approximately 9% gain. If BTC can hold steadily above 68k, then 70k is a very natural psychological level.
Second target: $75k–78k If there is no significant surge in selling volume after breaking above 70K, the next target is 75K–78K.
This phase would mean that the market has begun shifting from an “oversold rebound” to “expectations of a trend reversal.”
If Trump-related policies continue to deliver positive developments, ETF net inflows resume consistently, and expectations for Fed rate cuts or a pause in rate hikes strengthen further, BTC could very well challenge above 80K again.
The market has not yet fully confirmed the restart of the bull market.
If BTC breaks above and holds 70K effectively, rather than briefly surging before immediately falling back, then 75K–80K is likely. Conversely, if it repeatedly fails to break through 68K–70K, this is merely a short-term short squeeze, and a return to around 64K or even 60K would not be unusual.
Another point worth noting: recent market reports show that BTC’s resilience above 64K has strengthened somewhat, but ETF flows and macro risks have still not fully shifted into a strongly bullish environment.
Do not chase the rally now simply because of “positive Trump developments”; instead, focus on observing the quality of the breakout above 70K.
$BTC
#BTC升破69000美元日内涨幅6.43%