Bitcoin inches closer to the $70,000 mark in an unusual weekend activity. Traders are eyeing a strong weekly close. BTC climbs to $69,694, raising hopes for further gains.
Weekend rise pushes Bitcoin above $69,000, hitting highs of $69,781 on Bitstamp. Traders anticipate a continuation of rising into the new week.
Experts are cautious despite bullish sentiment, highlighting $69,000 as a critical level. Bearish signals persist, raising the possibility of price rejection at $72,000. Analysts foresee the potential for a bullish weekly candle close, contingent on Bitcoin holding above the $69,000 mark.
Bitcoin ETFs witness consolidation with a return to net inflows. Institutional optimism grows as US spot Bitcoin ETFs rebound; BlackRock adds major US banks as participants. Net ETF inflows surpass $200 million on April 5, reaching around $570 million for the week.
