Bitcoin (BTC) recently faced significant resistance at the $70,000 mark, causing some stir in the market. Despite this, institutional investors are taking advantage of the situation, as evidenced by US spot ETFs receiving an impressive $297 million in new inflows.
Van de Poppe, a noted analyst, has highlighted $65,000 as a critical entry point for Bitcoin, suggesting it as an ideal buy opportunity amidst the current market dynamics.
Market observers predict a volatile week ahead due to the absence of substantial market catalysts, leaving investors keenly watching the price movements.