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Bitcoin shows strong bullish signals, aiming for $65,400 amid rising institutional demand.

Technical Signals
07 Jul 2026
Zycrypto
View Source
Bullish
pluang ai news

Bitcoin's technical indicators on the 12-hour chart reveal a rare alignment of bullish signals, including the Tom DeMark Sequential buy signal, RSI bullish divergence, and a SuperTrend flip. This suggests momentum could push Bitcoin toward $65,400, near key resistance levels. Institutional interest is rising, with U.S. spot Bitcoin ETFs seeing a $265.7 million inflow on July 6, the largest since May. The market is watching for Bitcoin to break above $65,000-$67,000 to target $72,000, but failure to hold could lead to a drop back to $61,000. Overall, Bitcoin's near-term path depends heavily on institutional flows and macroeconomic factors.

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