$BTC

Bitcoin ($BTC) continues to show resilience amid global market uncertainties, trading steadily above the $96,000 mark. After a week of sideways movement, BTC is hovering near a critical resistance level, suggesting potential for a breakout. Key indicators like RSI and MACD are showing signs of bullish momentum, while on-chain data reflects increased accumulation by long-term holders. Institutional interest also remains strong, with continued inflows into spot Bitcoin ETFs helping to stabilize demand.

However, macroeconomic factors such as the upcoming U.S. Fed policy updates and inflation data could impact short-term price movements. Traders should watch the $68,500 resistance closely—if broken with volume, it could open the door to a push toward $100K. On the downside, support near $65,000 remains crucial to sustain bullish sentiment.

As Bitcoin navigates this consolidation phase, market participants remain cautiously optimistic about a summer rally, contingent on favorable economic signals and sustained investor confidence.

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