Bitcoin (BTC) continues its upward trajectory, reaching $67,900, driven by mixed US inflation data and hopes of a Federal Reserve rate cut. The Core PCE Price Index rose 0.2% month-over-month, easing inflation concerns, while the Chicago PMI fell to 35.4, indicating weaker manufacturing activity. Disappointing US GDP data and a weakening US dollar also support BTC's price gains.

The Spot Bitcoin ETF market shows mixed investor sentiments, with inflows into Fidelity and Bitwise, but withdrawals from ArkShares. Technical indicators suggest a neutral to bearish sentiment, with immediate resistance levels at $68,800 and $70,600.

This rally may continue if inflation concerns ease and the Fed signals a rate cut, potentially pushing BTC beyond $70,000. However, a breach below $67,500 could lead to further declines. The market watches with bated breath as Bitcoin's price dynamics unfold.