Bitcoin's price prediction for today: Where is BTC headed?
bitcoin took a quick dive to $65,660 early on March 9 but bounced back to $67,219 by mid-morning, a small gain over the past 24 hours.
Traders on Polymarket see today's closing price likely landing between $64,000 and $68,000.
Bitcoin ETF inflows remain positive
Despite some recent outflows, US bitcoin ETFs have pulled in over $568 million in the last two weeks.
With big economic updates (like the US inflation report and an upcoming Fed meeting) just around the corner, traders are watching key support levels near $63,500 to decide their next moves.
Price movement of other cryptocurrencies
Rising oil prices (thanks to tensions involving the US Israel, and Iran) and inflation worries are shaking up crypto markets. Many short-term holders cashed out profits by selling 27,000 BTC recently.
Still, weekly ETF inflows stayed positive.
For altcoin fans: Ethereum rose 1.5%, Dogecoin 1.3%, and Solana nearly 0.8% in the same period.