🚀 Bitcoin ETFs Fueling the Bull? What’s Next for BTC?
The launch of spot Bitcoin ETFs in major markets has triggered a fresh wave of institutional interest. With massive inflows into BlackRock, Fidelity, and other ETF products, Bitcoin recently surged past $70,000, testing new highs. On-chain data shows BTC reserves on exchanges continue to decline, reflecting strong HODLing behavior.
🔑 What traders should watch:
👉 The Fed’s interest rate policy—lower rates could add liquidity to crypto.
👉 BTC dominance remains over 53%, signaling altcoin season is not yet in full swing.
👉 If BTC breaks $74K convincingly, we may see $80K sooner than many expect.
📌 My Take:
This rally is institutionally driven and looks healthier than previous cycles. I’m setting laddered take-profits but holding core positions—ETFs could fuel sustained demand.