Bitcoin is being pushed higher by a short squeeze while Wall Street money floods back in through the ETFs — good news for holders, painful for anyone betting against it.

• Bitcoin ETFs took in over a billion dollars in the first three days of this week, with Wednesday alone above $500 million.
• BlackRock's fund did the heavy lifting, buying close to $300 million of Bitcoin in a single day.
• Traders betting on a fall are being forced to buy back in, which pushes the price up and squeezes even more of them out.
• The weekly trend signal is close to flipping bullish for the first time since the bear market began — a break above $80,000 would do it.
• Ethereum is testing resistance it has not cleared in over a year, while XRP, Solana and Chainlink are riding the same wave.

Outlook: The squeeze likely runs up into the mid-$70Ks, where a pause or small pullback is normal before the larger uptrend resumes.

## Bitcoin Levels

• **Bias:** Bullish on the daily and weekly structure, with short-term caution near resistance.
• **Sell / take profit:** $75,000–$76,000 zone, where the squeeze may stall.
• **Support:** $66,000–$67,000 (prior breakout area); $58,000 was the cycle low.
• **Resistance:** $72,000–$74,000, extending to $76,000; then $81,000–$82,000.
• **Targets:** Liquidity cluster at $75.4K, $76.7K and $78.4K; then $80,000–$82,000.
• **Invalidation:** A weekly close back below the $66,000–$67,000 breakout zone would break the higher-low structure; a weekly close above $80,000 confirms the bull signal.