Bitcoin ETF Inflows Reach New Heights

Bitcoin's price has seen a surge in inflows from exchange-traded funds (ETFs), with nearly $1 billion absorbed over the last three days. This marks the strongest streak since Bitcoin traded above $80,000.

The current price of Bitcoin sits at $77,385.42 within its Bollinger band, with an upper resistance level at $78,751.93. The Relative Strength Index (RSI) has reached 94.42, indicating overbought conditions. However, the MACD golden cross remains strong at 3,189.27, supporting the bullish structure above the EMA50 support at $67,495.93.

As a result, analysts expect a measured pullback toward the EMA50 support level before Bitcoin continues its upward momentum.