Bitcoin analyst expects 'big move' as BTC price taps new $73.8K record
BTC price records keep coming with $74,000 on the table in advance of another day's Bitcoin ETF inflows.
Bitcoin delivered yet another all-time high on March 14 as anticipation of further BTC price upside grew.
BTC price: Another day, another all-time high Data from Cointelegraph Markets Pro and TradingView captured a new $73,794 record on Bitstamp. Bitcoin had bounced back strongly overnight, erasing any trace of the weakness seen before the prior Wall Street open. “Bitcoin dipped again earlier this week and once again successfully retested old All Time Highs as support,” popular trader and analyst Rekt Capital noted about recent events on X (formerly Twitter).
Excitement around familiar supply trends continued on the day, this centered on the buy-side impact of the United States’ spot Bitcoin exchange-traded funds (ETFs). These saw net inflows of $683.7 billion on March 13, per data gathered by United Kingdom-based investment firm Farside.