Bitcoin has reclaimed the $65K level after a wave of short liquidations forced bearish traders out of their positions. The momentum looks strong, but I'm not convinced the next move is guaranteed just yet.
The biggest thing I'm watching is spot demand. A short squeeze can push price higher, but without real buyers stepping in, it's difficult to sustain a rally. On top of that, the $66.6K–$67.6K zone remains a major resistance area that Bitcoin still needs to break and hold above.
That said, the bigger picture is becoming more interesting. Bitcoin ETF inflows are picking up again, and many analysts still expect much higher prices before the end of the year.
👀 So what's next?
If BTC flips the resistance zone into support, a move toward $70K becomes much more realistic. But if buyers lose momentum, we could easily see another pullback before the next leg higher.
💬 What's your target for Bitcoin? Do you think $70K is coming next, or are we due for another correction?
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