TLDR
- Bitcoin traded above $65,800 as improving risk sentiment supported the latest recovery.
- Spot Bitcoin ETFs recorded $226.92 million in inflows on Monday.
- The inflows marked five consecutive trading days of positive ETF demand.
- A proposed 10-day US-Iran ceasefire improved sentiment across financial markets.
- Bitcoin traded near $66,311 after gaining 1.77% during Tuesday’s session.
Bitcoin rose above $65,800 on Tuesday as ETF inflows and ceasefire discussions improved market sentiment. The latest Bitcoin price prediction reflects stronger demand after BTC cleared a key technical barrier. Buyers also extended the rebound from July lows near $58,000 while broader risk appetite improved.
Bitcoin price prediction strengthens with ETF inflows
Spot Bitcoin ETFs attracted $226.92 million on Monday, according to SoSoValue data. The inflow marked a fifth straight session of positive net flows. This return supported the latest Bitcoin price prediction after several weeks of withdrawals.
Institutional demand started the week with renewed momentum, and funds continued adding Bitcoin exposure. Sustained ETF inflows can support liquidity and strengthen buying pressure across the market. However, daily flows may still change as market conditions and risk expectations shift.
Source: SoSoValue
Bitcoin closed above an important technical level on Monday and extended gains during Tuesday’s session. The move showed that buyers defended the recovery despite earlier weakness. Therefore, the Bitcoin price prediction improved as price action aligned with stronger fund demand.
Ceasefire proposal lifts wider risk sentiment
Reuters reported that mediators proposed a 10-day ceasefire between Iran and the United States on Monday. The proposal aimed to revive the interim agreement reached last month. The ceasefire proposal also strengthened the Bitcoin price prediction by easing immediate geopolitical pressure.
Axios also reported that President Donald Trump faced two possible decisions regarding the proposed ceasefire. He could accept the plan and resume negotiations toward another interim agreement. Alternatively, he could support a joint military campaign with Israel against Iran.
Peace expectations lifted sentiment across financial markets after recent exchanges of attacks. Bitcoin moved higher as traders increased exposure to risk-sensitive assets. The geopolitical shift also supported the Bitcoin price prediction during Tuesday’s advance.
Technical outlook keeps $68,000 in focus
Bitcoin traded near $66,311 after gaining 1.77% on the daily chart. The price rebounded from $65,140 and reached an intraday high near $66,329. This performance kept the Bitcoin price prediction focused on continued recovery.
The Directional Movement Index showed weak trend strength, with the ADX near 13.45. The positive indicator reached 22.25, while the negative indicator stood at 21.53. That narrow difference favored buyers, but it did not confirm a strong trend.
Source: TradingView
Meanwhile, the RSI rose to 60.78 and remained above its signal average near 52.90. The Bitcoin price points toward $68,000 to $70,000 if buyers retain control. Overall, the latest Bitcoin price prediction keeps $64,000 as support while ETF demand and diplomacy support BTC.
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