$BTC Bitcoin has been showing some interesting price action lately. After a brief consolidation, $BTC is now testing key resistance levels near $70K. If bulls can hold above the 50-day moving average, we might see another breakout in the coming weeks.

On-chain data shows increased accumulation from long-term holders, and recent whale activity hints at possible institutional interest returning. However, macroeconomic factors like interest rate decisions and inflation reports could still shake things up.