$BTC Bitcoin (BTC) continues to dominate headlines as it hovers near the $63,000 mark, showing resilience despite recent market turbulence and macroeconomic uncertainty. After a slight dip following the latest CPI data, BTC quickly rebounded, suggesting strong investor confidence and growing institutional interest. Analysts point to increased accumulation by long-term holders and steady inflows into Bitcoin ETFs as signs of underlying strength.
Technically, BTC is trading above its 50-day moving average, with the next major resistance level around $65,000. A breakout could signal the start of a new bullish wave. As always, volatility remains a factor — but Bitcoin’s fundamentals stay strong.