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Bitcoin Price Eyes $96.7K as ETF Demand and Spot Volume Rise

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitcoin has pushed above the cost-basis levels that capped its recovery earlier this year, while ETF demand, stronger spot volume, and restrained profit-taking improve the market setup. With a massive quarterly options expiry now passing through the market, the next major onchain resistance sits near $96,700. Bitcoin Price Clears Key Cost Bases as $14B Options […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Mid-term (1-8 weeks) Reasoning: ETF demand, rising spot volume, and cleared cost bases signal strong bullish momentum.

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