$BTC In light of the ongoing volatility in the cryptocurrency market, Bitcoin (BTC$) remains the primary compass that everyone follows to understand the general trend. In recent days, Bitcoin has exhibited clear fluctuations between support and resistance levels, reflecting a state of anticipation and caution among traders. While the market attempts to absorb the effects of global monetary policy and inflation data, BTC$ emerges as a key indicator of investor sentiment.
Institutional interest is still present, but cautiously. Upcoming data is expected to impact the currency's direction in the short term.
The smart investor does not just watch the price but reads between the lines: liquidity, volume, and general sentiment.