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Bitcoin nears key $68,000 level as ETF inflows rise, signaling potential bullish trend shift.

Technical Signals
21 Jul 2026
Cointribune
View Source
Bullish
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Bitcoin has moved above a major resistance level, targeting $68,000 to $70,000, supported by rising ETF inflows. However, these inflows remain modest, indicating cautious institutional interest rather than a full comeback. The critical factor is Bitcoin's ability to close above the 200-week EMA near $68,000, which would confirm a bullish reversal. Until then, the market outlook remains cautious, with a risk of a false breakout if prices fall back below this level.

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