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Bitcoin BTCUSD price is trading at $71,552 after forming an upward continuation pattern on the daily chart. This pattern has an 11% breakout potential. The March US CPI data to be announced on Friday is expected to show annual inflation jumping to 3.3%. However, the approximately 1,300% increase in weekly Bitcoin ETF inflows and the deepening outflows from crypto exchanges suggest that BTC demand may withstand this macro headwind. Bitcoin Price Uptrend Model While Weekly ETF Inflows Peak! Between the end of March and April 7, Bitcoin price formed a cup-and-handle pattern on the daily chart. This bullish continuation pattern features a rounded recovery forming the cup, followed by a slight pullback creating the handle. The bottom of the cup was at the end of March before the recent pullback, which formed the handle. If the #EÄer pattern is confirmed, there is an 11% breakout potential. #GateSquareAprilPostingChallenge