Direct answer
Bitcoin can rise today due to improving risk appetite and ETF flow momentum.
Most likely bullish catalysts
Strong ETF flow momentum
Improving strong etf flow momentum can support a stronger bid in Bitcoin.
Higher crypto risk appetite
Improving higher crypto risk appetite can support a stronger bid in Bitcoin.
Price breaks above 72,000
Improving price breaks above 72,000 can support a stronger bid in Bitcoin.
What confirms the rally
- Confirm the move is supported by etf flow momentum rather than a thin short squeeze.
- Check whether leadership across related crypto markets is also improving.
- Only trust continuation if the chart holds gains after the first impulsive push.