**Bitcoin Rallies Above £69k Amid Market Optimism**

Bitcoin's spot price surged past £69k, nearing its £73k ATH from March. This rally has broken through key technical levels, including the 200DMA 🟢 and 111DMA 🟣, indicating market resilience. On-chain data shows all Short-Term Holder sub-age groups now hold unrealized profits, boosting sentiment.

Futures markets have seen open interest hit a new ATH of £32.9B, driven by institutional activity and cash-and-carry strategies. Despite subdued trading volumes, the market's liquidity and capital inflows are rising, suggesting a positive outlook for Bitcoin. 📈