Bitcoin is showing signs of positive price momentum and attempting to break the $69,000 price zone, which could signal a shift to a "euphoric bull market." The recent rally has pushed many investor positions into profits and improved market sentiment. The AVIV Ratio suggests there is potential for further growth. Bitcoin has surpassed important technical markers, such as moving averages, and the market has remained resilient during macroeconomic events. Net capital inflows have increased, and derivative markets are experiencing strong growth. Institutional interest in Bitcoin is expected to rise, particularly as the Federal Reserve considers rate cuts. Institutional traders are adopting strategies to capture yield, potentially expanding Bitcoin's liquidity and strengthening its position in portfolios.



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