Grayscale Bitcoin Trust recorded a daily flow of $16.7 million in Bitcoin ETF inflows, as reported by Farside Investors, highlighting sustained institutional interest in BTC despite volatile market conditions. This comes against a backdrop of recent Bitcoin halvings boosting long-term sentiment, with similar inflows observed in the past six months driving BTC price prediction models toward optimistic targets.

Zooming into the 4-hour chart, Bitcoin trades at $74,928.59 within a bullish structure, hugging the EMA50 at $72,900.65 as immediate support while the EMA200 at $70,572.35 anchors the broader uptrend. Momentum sits neutral with RSI at 59.49, but the MACD's death cross at 675.56 screams caution—price is testing the upper Bollinger band resistance around $75,515.4, suggesting overextension that could trigger a pullback to the lower support at $73,489.26 before resuming the grind higher, especially if TAO and Bitcoin ecosystem hype sustains inflows.