Bitcoin rallies, ETF flows rebound as US crypto policy stalls: Finance Redefined

💡 DMK Insight

Bitcoin’s surge past $95,000 is more than just a number—it’s a signal of shifting market sentiment. The recent breach comes as traders react to regulatory delays surrounding the CLARITY Act, which has left many investors feeling optimistic about the future of crypto regulation. This optimism could lead to increased buying pressure, especially if Bitcoin holds above this key psychological level. Watch for potential resistance around $100,000, as that could trigger profit-taking or short positions from those who believe the rally is overextended. On the flip side, if Bitcoin fails to maintain this level, we could see a quick reversal, especially with profit-taking likely to kick in. Keep an eye on trading volumes; a spike could indicate strong momentum, while declining volumes might suggest a lack of conviction. Overall, this week’s price action is crucial for setting the tone for the next few weeks, so traders should monitor how Bitcoin reacts around these levels.