Bitcoin Tests $71K as Capital Shifts From Gold and ETF Flows Target $76K–$79K Zone

Bitcoin is trading near $71,000 while moving toward a key resistance band between $76,000 and $79,000, with some institutional flows reportedly rotating out of gold and into crypto. Between February 27 and March 9, BlackRock's Bitcoin ETF IBIT saw inflows of roughly 1.5% of AUM, while the gold ETF GLD registered about a 2.7% outflow. Analysts are watching whether Bitcoin can hold above $70,000 and secure a monthly close above resistance as gold approaches the psychologically important $5,000 level.