Bitcoin Price Prediction: Bulls Defend $67K As Macro Pressure Offsets $787M ETF Inflows
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Bitcoin rejected $74,000 and trades near $67,795 (down 0.46%), with the Supertrend support at $61,089 acting as a key technical floor. $787M of weekly ETF inflows (first positive week since mid‑January) are offset by 27,000 BTC (~$1.8B) sold by short‑term holders, creating mixed liquidity dynamics for crypto price action. Dollar strength, Iran tensions and tighter correlation with the Nasdaq mean macro risk-off is overriding institutional bullish developments, raising short-term downside risk for BTC and crypto markets.
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- Bitcoin defends $67,000 support after $74,000 rejection as macro forces override bullish institutional developments.
- $787M in weekly ETF inflows mark first positive week since mid-January, while 27,000 BTC ($1.8B) sold by short-term holders.
- Supertrend at $61,089 provides support as dollar strength and Iran tensions drive crypto correlation with Nasdaq risk-off moves.
Bitcoin price today trades near $67,795, down 0.46% after rejecting the $74,000 level earlier this week despite a string of bullish institutional developments. The move demonstrates that macro forces now override crypto-native news as Bitcoin’s correlation with traditional risk assets tightens.
Daily Chart Shows $74,000 Rejection And Support Test
The daily chart shows Bitcoin briefly pushing toward $74,000 before sellers rejected the move and …
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