Bitcoin Poised to Hit $85K, Must Close Week Above $71.3K

According to the Wyckoff method, Bitcoin may reach $85,000, but it must close the week above $71,300 to confirm this momentum. This is a key resistance level, and if breached, could indicate further upward movement. However, Bitcoin's RSI (a momentum indicator) suggests a potential need for cooling down before another uptrend. Meanwhile, the continued inflow into US spot Bitcoin ETFs could aid in closing the week above the $71,300 mark.