$BTCUSDT Bouncing from Demand Zone – Eyes on $75K
2024-10-24

BINANCE:BTCUSDT  Bouncing from Demand Zone – Eyes on $75K with Strong ETF Inflows!!

After a significant uptrend,  CRYPTOCAP:BTC  experienced a healthy correction, finding support at a key demand zone. The current bounce from this level, marked by a bullish candle, signals a potential shift towards upward momentum. Volume is steadily increasing, which further strengthens the case for a continued move higher.

Additionally, there’s a notable rise in  MARKETSCOM:BITCOIN  ETF inflows, adding more fuel to the current rally. This confluence of bullish factors sets the stage for BTC to reach new highs, with $75,000 being the next major target on the horizon. Traders should watch for sustained volume and momentum as key indicators of this breakout.