Bitcoin is facing a major test at $65,400 this week, a resistance level that has already triggered several fakeouts. Analyst Doctor Profit has labeled this setup the « Old Man’s Punch » and requires several weekly closes above this threshold to confirm a genuine breakout. If successful, the next targets would be around $77,000-78,000 and then $83,000. Market psychology has shifted: fear of missing out (FOMO) now outweighs crash fears, which could accelerate accumulation. On the institutional front, US spot Bitcoin ETFs recorded $853.54 million in inflows over five consecutive days, their best weekly performance since mid-April.
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