Bitcoin is trading at $72,721.59, up 0.82% for the day and comfortably above the SMA-20 ($68,908.49) and SMA-50 ($69,003.25), while still well below the SMA-200 ($88,297.34). This position signals strong short- and medium-term bullish momentum, although long-term trend confirmation remains absent, with immediate support marked by the Ichimoku Kijun at $70,500.00. Recent institutional activity is driving demand for Bitcoin as spot ETFs continue to attract sizable inflows, including a single-day $78 million subscription into Fidelity’s ETF and a $2.6 million daily inflow into VanEck’s product, with a portion directed ... (full story)