$BTC continues to hover around key resistance levels, with market sentiment split between bullish breakout potential and downside risk. On-chain data suggests long-term holders are accumulating, but short-term traders remain cautious. Macroeconomic factors, including interest rates and inflation data, continue to play a crucial role in price direction. Technically, a strong close above resistance could open the path to new highs, while failure might lead to correction. Institutional interest remains steady, and Bitcoin dominance is slowly increasing, suggesting capital rotation from altcoins. As always, risk management is key. Traders should stay alert and watch for breakout signals or reversal patterns.
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