Bitcoin Stuck Near $65,000 Due to Overhead Resistance

Bitcoin is stuck near $65,000 despite stronger ETF inflows. The cryptocurrency remains below its 50-day, 100-day, and 200-day exponential moving averages, keeping the short-term price outlook uncertain.

The overhead supply continues to prevent a decisive recovery, but institutional demand and improving global liquidity conditions are helping to limit deeper losses.

A cluster of technical resistance levels is preventing buyers from overcoming $65,500, $67,000. However, a meaningful acceleration in ETF inflows could help absorb this supply and improve the chances of a sustained breakout.