Bitcoin #BTC has surged back above $70,000, fueled by renewed #ETF inflows and improving global sentiment. This sharp move comes after a week of consolidation, signaling that bulls are back in charge.
🔍 Key Drivers Behind the Pump:
U.S. Spot #BitcoinETFs saw over $700M in inflows this week, the highest since May.
Mt. Gox repayment fears are fading, calming market uncertainty.
Global inflation data is softening, giving Bitcoin a macro tailwind.
📈 If #BTC holds above $70K, the next short-term target is $74,500, followed by $80K if momentum continues.$TRUMP
⚠️ Keep an eye on U.S. economic reports and whale activity — a pullback remains possible.
📌 Bottom Line: Bitcoin is regaining strength, and with ETF demand rising, the next leg of the bull run may just be starting.