Bitcoin (BTC) Holds Near $70,000 as Coinbase Premium Turns Negative; $80,000–$85,000 Scenarios

Bitcoin traded under $70,000 after a 1.6% drop over 24 hours, following a rebound to $71,200 the prior day. Coinbase Premium fell to its most negative level in over a month and spot volume sank to 2023 lows, while March Bitcoin ETF net inflows totaled $1.53 billion but slowed sharply after the first two weeks. The analysis outlines a base range of $69,000–$74,000, a potential move toward $80,000–$85,000 if conditions improve, and a bearish path toward $62,000 if support breaks.