Bitcoin is trading around $76,000 after losing nearly 9% in a month, and a 24/7 Wall St. analysis says a sustained close above $82,000 would be needed to confirm a genuine recovery. Cumulative inflows into spot bitcoin ETFs have slipped to about $56 billion, indicating withdrawals by large investors, while the Federal Reserve’s benchmark rate recently increased instead of falling. The major support level at $73,500 could be tested again, with a risk of a drop toward $70,000, while a move above $84,400 backed by renewed ETF inflows would improve the bullish outlook. The MEMASA app, which offers cryptocurrency analysis and trading through an artificial intelligence assistant, is betting on a potential revival of interest in altcoins but will need to attract enough users to sustain demand for its token.
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