BITCOIN ANALYSIS
BTC remained well above the 50-day and 200-day EMAs, indicating a bullish trend. A rise back to $70,000 could propel BTC toward the $73,808 all-time high, with $75,000 as the next target. Market participants should watch Fed statements, US BTC-spot ETF flows, and ETH-spot ETF news. Conversely, dropping below the $69,000 support might lead to a decline toward the 50-day EMA and $64,000 support. With a 62.50 RSI over 14 days, BTC could reach $73,808 before hitting overbought levels.
