Whales Keep Accumulating as BTC Hovers Above $60KDespite this uncertain scenario, market participants seem to be positioning for a bullish move, as exchange-traded funds (ETFs) linked to Bitcoin have booked a 4-day streak of positive net inflows. Whale accumulation plus positive net inflows being poured into ETFs indicate that the smart money is positioning for a bullish move in the mid-to-long term. This could precede a strong rally to the next relevant area of resistance for BTC, which we believe is the $74,000 threshold. That technical marker could act as a magnet for the price action as the market reacted strongly the last time the price got there. If bulls manage to break past that mark, that could trigger a short squeeze that ends up pushing BTC to that $74K target.