Bitcoin: Non-US ETFs Drive Next Cycle Peak

Bitcoin adoption shifts from US-centric to global institutional money, with BTC price action at $79516.01 reflecting early signs of the next phase. Ki Young Ju notes Korea still blocks spot Bitcoin ETF access for retail and firms, forcing reliance on deeper stablecoin liquidity and RWA rails for broader participation.

Price trades inside Bollinger Bands with upper resistance at $80119.94. With price testing upper Bollinger resistance at $80119.94 while RSI at 61.94 flashes neutral momentum, a healthy retracement to the 50-EMA support at $75909.42 seems probable before further continuation. The MACD death cross at 799.02 warns of short-term pressure, yet the EMA200 at $69064.92 anchors the longer-term bullish structure. Analysts tracking BTC price prediction models now factor institutional Bitcoin adoption across Asia and RWA tokenization flows as primary catalysts.