Bitfinex said that Bitcoin reached a critical decision zone after posting a third consecutive positive weekly close and defending demand near $61,360. With resistance clustered around $67,900 to $68,300, the firm sees a narrow technical corridor now defining the recovery case, as a sustained breakout would strengthen momentum while rejection could expose recent lows.
The macro backdrop is supportive but fragile. June consumer prices fell for the first time in six years, while core inflation also eased, yet energy, tariffs and AI infrastructure spending continue to pressure costs. Bitfinex argues that cooling inflation is giving Bitcoin room without freeing the Federal Reserve to act decisively, especially as housing weakens and real yields keep rising.
Institutional conditions have improved, but conviction remains uneven. U.S. spot Bitcoin ETF flows stabilized after persistent redemptions, though demand was concentrated in BlackRock’s IBIT rather than spread across issuers. The next test is whether spot demand broadens enough to carry Bitcoin through resistance, because the market is constructive, but not yet supported by a full return of risk appetite.
Source: Bitfinex.
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.
