Bitcoin is on the move again, and the numbers don’t lie. After bouncing from the \$68,000 support zone, \$BTC is showing signs of strong bullish momentum. With over \$2.5 billion in open interest added in the last 48 hours and funding rates turning positive, the market is betting big on the next breakout.

Glassnode data shows long-term holders are distributing near all-time highs, typically a precursor to major rallies. Meanwhile, ETF inflows have surged past \$250 million this week alone, suggesting institutional appetite is far from cooling.

Historical cycles suggest June is a pivotal month for Bitcoin. In both 2017 and 2020, similar consolidation patterns led to 30-40% rallies within 45 days. If history rhymes, a breakout above \$72,000 could send \$BTC toward \$85,000 before Q3.

Key levels to watch: support at \$68,000, resistance at \$72,500. A daily close above \$72,500 may confirm a breakout. On-chain activity is climbing, miner outflows are low, and the hash rate remains near all-time highs—signals of a healthy network preparing for expansion.

Don't ignore the data. \$BTC might be gearing up for its next big leg. Are you ready?