🚀Bitcoin (BTC) breaks above $64,000 again on May 7, with the market taking liquidity on both sides of the order book. Despite being within a trading range since May 3, BTC/USD has given speculators little rest. Following the daily close, liquidity was taken around $63,500, with Bitcoin reversing to attack a larger liquidity cloud around $1,000 higher.

Regarding demand, Bitcoin exchange-traded funds (ETFs) in the United States had a strong day of inflows on May 6. All ten spot ETFs, including the Grayscale Bitcoin Trust (GBTC), saw positive neutral flows, totaling $217 million.

What do you think of these BTC movements? Comment below. 👇