Bitcoin Price Prediction: Can BTC Clear $65,000 After ETFs End an Eight-Week Outflow Streak?

• BTC held near $63,800 while gold, equities and bonds all slumped on the fourth round of US strikes against Iran
• US spot Bitcoin ETFs pulled in $197M last week, their first positive week after eight straight weeks of outflows
• Bitcoin dominance sits at 59% but analyst Michaël van de Poppe sees it falling to sub-55% as the CLARITY Act approaches

Bitcoin trades at $62,897.09 on July 13, down 1.32%, consolidating inside an ascending channel after showing notable resilience through the weekend’s war escalation that hit virtually every other major asset class hard.

Is BTC Breaking Out Or Still Stuck In Its Channel?

The daily chart shows BTC working through the upper boundary of an ascending channel that has held since the June 25 low near $58,000. Price pushed to $64,388 intraday before pulling back, with the channel’s uppe…

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