Bitcoin edged toward an important weekly close above $70,000 that would include a reclaim of an important 200-week trend line.

Bitcoin bulls squeezed the market toward $74,000 again as promising US inflation data buoyed risk assets, but BTC price forecasts stayed mixed.

Bitcoin price analysis saw conditions slowly "building” to support a breakout as BTC emerged as the strongest macro performer since the US and Israel-Iran war began.