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BTCUSD gained above $75000 as demand for risk appetite improves. Currently trading at about $73931, it has an intraday high of $76013.
With about USD 400 million in net inflows during March 16–17, 2026, United States Bitcoin ETFs have sustained significant institutional momentum, hence continuing a six-day positive trend. While Fidelity's FBTC keeps a steady secondary performer with almost USD 65 million in recent daily profits, BlackRock's IBIT continues to control the market, contributing around USD 140 million in daily inflows and pushing its total holdings towards USD 63 billion. Reflecting a major institutional rotation into controlled products and offering a crucial liquidity buffer against possible sell-side pressure from forthcoming token unlocks and more general economic changes, this persistent buying pressure has propelled cumulative 2026 inflows beyond the USD 10 billion mark.
|
Technicals |
CMP -$73931 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$71185 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$70881 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$74382 |
CMP < 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $76200. Any break above targets $80000/$85500.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
166.58 |
|
ADX |
Bullish |
strength increased from 41.99 to 43.06 |
It is good to buy on dips around $73800 with SL around $72000 for a TP of $80000.
