After a recent dip, Bitcoin is showing strong recovery signs, bouncing back above $66K. Here’s what’s driving the rebound:
Key Factors:
✅ ETF Inflows Return – U.S. Bitcoin ETFs are seeing net positive flows again, signaling renewed institutional interest.
✅ Fed Rate Cut Hopes – Softening inflation data fuels speculation of a 2024 rate cut, boosting risk assets like BTC.
✅ Strong On-Chain Support – Key support levels held firm, with whales accumulating more BTC during the dip.
What’s Next?
📈 If BTC holds $65K, next targets could be $70K+
⚠️ Watch for:
Macroeconomic shifts (Fed decisions, inflation data)
ETF flow trends (sustained demand = bullish)
Your Take? Is this the start of a new ATH run, or just a relief rally? Drop your thoughts below! 👇
