Bitcoin (BTC) pushed past $65,000 in early morning trading, recording its strongest daily performance this month as spot Bitcoin ETFs registered over $350 million in single-day net inflows.
Analyst firms attribute the bullish momentum to renewed institutional participation and expanding global liquidity. On-chain metrics show long-term BTC holders accumulating reserves, reducing available exchange supply.
"We are seeing a clear regime shift toward long-term institutional accumulation," noted digital asset strategists.
Resistance for Bitcoin is currently mapped at $67,500, with strong support forming at $62,000.
"Bitcoin (BTC) surged over 4% in 24 hours, driven by continuous net inflows into spot Bitcoin ETFs and positive macroeconomic sentiment."