Bitcoin ($BTC
continues to dominate the market, holding strong near the $89,000 level despite global economic uncertainties. As traditional markets wobble due to inflation concerns and interest rate talks, BTC is proving its role as a resilient store of value. On-chain metrics show increased accumulation by long-term holders, while institutional interest continues to climb.
With the upcoming halving event in focus and ETF flows remaining steady, many analysts believe a breakout above $90K is imminent. Volatility may be high, but the long-term sentiment remains bullish. If momentum holds, BTC could be on track for a new all-time high this year.