$BTC (Bitcoin) Holds Above $94K – What’s Next?
Bitcoin is currently trading at $94,125, holding steady despite a small dip of 0.49% in the last 24 hours. While the price hasn't made a big move, Bitcoin is still showing strength in the market.
Key Points:
Over $425M flowed into Bitcoin ETFs yesterday, showing strong demand from institutional investors.
Bitcoin’s market dominance is at 63.9%, its highest level since 2021 – meaning investors are shifting focus from altcoins to BTC.
Resistance sits at $95,750, with support around $93,500.
With the Fed’s interest rate decision approaching, market players are watching closely. Will Bitcoin push higher or take a breather?