This month, Bitcoin (BTC) has shown notable volatility, reflecting the broader market's reaction to macroeconomic factors and investor sentiment. After a relatively stable start, BTC experienced a sharp mid-month surge, briefly testing key resistance levels amid renewed institutional interest and optimistic expectations surrounding the U.S. Federal Reserve's policy stance. However, profit-taking and uncertainty about upcoming inflation data led to a partial retracement. Despite the fluctuations, Bitcoin has maintained a strong overall trend, with on-chain data indicating robust accumulation by long-term holders. Market participants are now closely watching the $65K–$70K range for potential breakout signals.
