Bitcoin (BTC) is showing mixed signals as it navigates key resistance and support zones. Short-term momentum may see BTC testing resistance around $72,000, especially if bullish sentiment continues and macroeconomic factors—like interest rate expectations—remain favorable. However, profit-taking and regulatory news could trigger a pullback toward $65,000 support. On-chain metrics indicate strong accumulation by long-term holders, which supports a bullish longer-term outlook. Volatility remains high, and BTC may consolidate in the $66,000–$70,000 range before making a decisive move. Watch for volume spikes and ETF flows, which could provide clues about institutional interest. Overall, BTC’s next moves hinge on market sentiment and macroeconomic developments.
