Bitcoin enters macro-driven consolidation with $60K support and $78K resistance as ETF inflows continue

Bitcoin has entered a macro-driven consolidation phase, with its price direction increasingly tied to oil prices, bond yields and Federal Reserve policy rather than crypto-specific catalysts, analysts cited by Bitfinex said. Traders are watching $60,000 as support, a $70,000–$72,000 supply zone and $78,000 as major resistance, with ETF flows and global liquidity acting as primary drivers. U.S. spot Bitcoin ETFs recorded net inflows of $167 million on March 9, led by BlackRock's IBIT, The Block reports.