Bitcoin Poised for Rally Above $74K as Funding Rates Stabilize, Institutions Show Renewed Interest
• Bitcoin looking healthy after 2 months, backing it to rally above $74,000 • Funding rates at normal levels indicates fading FOMO and falling volatility • Prices need to break $72,500 with volume to remain in uptrend and enter price discovery • BTC bounced after recent CPI data as traders shift to it as inflation hedge • Demand expected to rise from institutions buying spot BTC ETFs from Fidelity etc.