BTC upside potential for the next 24 hours and one week ☀️

Hundreds of firms disclosed investments in the spot Bitcoin ETFs

With the first quarter earnings season coming to an end and the deadline for regulatory filings expiring, a slew of financial institutions have disclosed their equity and crypto holdings. Interest in the 11 exchange traded funds (ETFs) approved by the Securities and Exchange Commission (SEC) was high.

At least 317 firms have disclosed investments in BlackRock’s IBIT ETF, and at least 502 firms have disclosed investments in GBTC, Grayscale’s Bitcoin trust that was converted into an ETF, CryptoSlate reports citing Fintel data.

Bitcoin rallied to a three-week high above $66,000, Trading View’s Bitcoin chart shows. The sharp upturn triggered the liquidation short positions exceeding $100 million. The price of Bitcoin climbed 5.83 percent to $66,327 over the past 24 hours.

ATTMO forecasts bullish sun to shine over Bitcoin in the next 24 hours, indicating upside potential. This bullish trading mood is set to continue across the board over a one-week time horizon.

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