Bitcoin Holds Firm: Market Eyes Next Move
Bitcoin (BTC) remains the dominant force in the crypto market, currently trading above the $100,000 mark. This strong performance reflects continued institutional interest, ETF inflows, and growing adoption as a store of value amid global economic uncertainties. Technical indicators show BTC is consolidating with key support near $98,000 and resistance around $104,000. Market sentiment remains bullish, with traders watching for a breakout that could push BTC toward new all-time highs. On-chain data shows reduced exchange balances, hinting at long-term holding behavior. As altcoin season begins to stir, Bitcoin’s stability could act as a catalyst for broader market momentum. All eyes are on BTC as it continues to lead the way in this renewed crypto bull cycle.
