$BTC Bitcoin Hovers at $64,133 – The Calm Before the Storm?
BTC is range-bound near $64,133 on shrinking volume. In the past 24 hours, total liquidations reached $207 million, with shorts taking the heavier hit ($145 million liquidated).
Beneath the surface calm, currents are stirring:
1. Smart money moving in – BlackRock's Bitcoin ETF saw a net inflow of $90.44 million yesterday. U.S. whales are quietly accumulating, and the Coinbase premium indicator is showing early signs of a rebound.
2. Showdown ahead – Strong resistance sits at $65,200, where moving averages converge. The bull-bear line in the sand is at $62,500. The July 14 CPI print and the end-of-month Fed decision will be the key catalysts.
Heads up, bears: the longer this sideways action drags on, the harder the breakout will be. Stay sharp.
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