Solid Rebound to $71K Driven by Tech Sector Capital Flows

• • Technically, BTC bounced strongly from the $68K demand block and successfully broke the CHoCH line.
• • Fundamentally, there is a bullish macro structure recovery push thanks to sentiment from the Crypto AI sector keeping market risk appetite high.

Capital flows from institutional technology investors prove that liquidity is flooding the crypto ecosystem. On the 4-hour chart, BTC proved that the light blue demand box at $68,000 is a strong fortress. The bounce from that level successfully broke the local bullish Change of Character (CHoCH) line at $71,000. BTC's narrative going forward will mature as a global macro hedging asset, with projections to break the supply block resistance at the $74,000 - $76,000 level.

BTC is now directly facing a very thick red supply block above $74,000. If the price is harshly rejected in that area, Bitcoin could be trapped again in a long and tedious sideways consolidation range.