$BTC
$BTC: At a Crossroads — Will Bitcoin Hold or Break in May?
Bitcoin ($BTC) is once again at a critical juncture. After weeks of fluctuating sentiment and macroeconomic uncertainty, the king of crypto is testing key psychological and technical levels.
Here’s what traders and investors are watching:
Resistance near $65K continues to act as a ceiling for bullish momentum
Support zones around $60K–$61K are being tested with growing volume
The impact of the FOMC decisions, global liquidity, and institutional flows are all in play
Market sentiment remains mixed. On-chain metrics show strong accumulation by long-term holders, while short-term traders are reacting sharply to macro news and exchange flows.
With Bitcoin dominance still high and altcoin seasons on hold, $BTC's next move could set the tone for the entire crypto market in Q2.
Key Questions:
Will Bitcoin break above resistance and reignite the bull run?
Or is a deeper correction in sight before the next leg up?
Stay tuned, stack smart, and keep your strategies flexible.
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