1. Why is Bitcoin stuck in the mid-$60,000 range?
Bitcoin is moving sideways amid mixed ETF flows and global economic uncertainty, balancing buying and selling pressure.
2. How do Bitcoin ETFs affect price?
When Bitcoin ETFs receive strong inflows, demand increases, and BTC price often rises. Heavy outflows can create selling pressure.
3. Is $70K an important level for Bitcoin?
Yes, $70,000 is currently a major resistance level. A strong breakout above it could signal renewed bullish momentum.
4. Can inflation impact Bitcoin price?
Yes, inflation data and interest rate decisions influence investor confidence, which affects crypto markets.
5. Is Bitcoin still attractive for long-term investors?
Many long-term holders continue to accumulate, showing confidence despite short-term volatility.