$BTC Bitcoin remains solid amid a nearly stagnant market. Over the past seven days, BTC has gained approximately 3.5%. Meanwhile, gold, which is usually a safe haven during geopolitical turmoil, has moved sideways this week at -0.05%. This divergence occurs despite the US Dollar Index @DXY@ and Brent crude oil prices rising, even though both typically pressure risk assets.

On-chain data shows renewed buying demand from the US via Coinbase. Additionally, there is a bullish RSI divergence signal that still persists, and medium to long-term holders are accumulating aggressively. Now the question is: can this momentum push BTC through the US$70,000 level? So far, this level has always thwarted recent BTC rally attempts.