$BTC

Over the past two weeks, $BTC has traded within a narrow range between $66,000 and $69,000, suggesting a classic consolidation phase after its recent bullish rally. Historically, such patterns often precede sharp movements—either upward or downward—depending on volume and macro sentiment.

Bullish Indicators:

Bitcoin ETF inflows remain strong, with several days of net positive entries, especially into BlackRock’s iShares Bitcoin Trust (IBIT).

Whale activity on-chain has increased, with wallet addresses holding over 1,000 BTC accumulating during dips.

Macro tailwinds such as U.S. inflation cooling could also spur investor confidence in risk-on assets like crypto

Bearish Risks:

Mt. Gox repayments scheduled for July could inject large supply into the market.

Regulatory uncertainty in the U.S. and upcoming elections may keep some institutional players sidelined.