BTCUSD: Bitcoin Holds $64K as ETF Inflows Support Bulls

🎯 Trade setup:
Direction: Long from support / after confirmation
🔻 Entry: 63,600–64,000
🛑 Stop Loss: 62,700
🎯 Take Profit 1: 64,800
🎯 Take Profit 2: 65,380

📰 News:
Bitcoin is trying to hold above $64,000 after a pullback from the recent high. Sentiment improved as spot BTC ETFs recorded fresh inflows and the Fear & Greed Index recovered from last week’s lows, but risk appetite is still limited by renewed U.S.–Iran tensions. ETH is showing stronger relative momentum after breaking above $1,900, which supports broader crypto sentiment. Traders are also watching the CLARITY Act discussion in Washington, as regulatory progress could become a positive catalyst for crypto.

📊 Analysis:
Price is below EMA 9, EMA 20 and SMA 50, which shows short-term weakness, but it is still above SMA 200 near $63,570, so the broader recovery structure is not broken yet.
MACD is negative, RSI is near 38, and Stoch RSI is oversold. This means sellers have short-term pressure, but the market may attempt a rebound if buyers defend the $63,500–64,000 area.

Scenario:
If BTC holds above $63,500–64,000, buyers may try to retest $64,800 and then $65,380. A breakout above $65,380 would confirm stronger bullish continuation.
If price loses $62,700, the setup is invalidated and BTC may move back toward $61,900–61,600.
⚠️ Not financial advice.