$BTC

Bitcoin Today: Consolidation or Launchpad?

Bitcoin ($BTC) remains the centerpiece of the crypto market—and all eyes are on its next move. With price action tightening and macro events brewing, here’s what you need to know:

Current Landscape

Price hovering below $60K

Volatility dropping — a breakout could be brewing

Post-halving zone — historically a launchpad for rallies

On-Chain Signals

Long-term holders accumulating

Exchange balances at multi-year lows

Mining hash rate at record highs — network stronger than ever

Macro Factors in Play

FOMC policy: Rate cuts expected later this year? Bullish for BTC

Global tensions: Driving interest in decentralized assets

Inflation worries: BTC narrative as “digital gold” gaining traction

What to Watch Next:

Break above $60K resistance = potential rally to $70K+

Support near $55K — holding it could build momentum

ETF inflows, macro news, and altcoin rotation = key catalysts

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Bull Case:

BTC breaks out, institutions keep buying, macro risk-on — $100K in sight

Bear Case:

Macro shocks or regulatory setbacks pull BTC down toward $50K

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Your Take:

→ Is $BTC gearing up for another breakout?

→ Or is this just the calm before more chop?