Bitcoin vs. Macro Headwinds: The $68k Line in the Sand 📉

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Bitcoin is currently showing resilience, hovering around its 200-week EMA at $68,185. While geopolitical tensions in the Middle East have pushed the market into "Extreme Fear," the on-chain data tells a different story.

Despite the 20% drawdown since late February, institutional interest remains. US-listed Spot ETFs actually recorded a net inflow of $95 Million last week. This divergence suggests that while retail is panicking, "Smart Money" is quietly accumulating.

The Big Question: Is this the final shakeout before the next leg up to $75k?

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