$BTC
Bitcoin is currently showing extraordinary strength. After experiencing a correction a few weeks ago, the BTC price has managed to bounce back from a strong support zone around $65,000. Many analysts see this as a consolidation phase before heading to a new all-time high. Transaction volume is also showing an increase, indicating strong buying interest from large investors. Personally, I see the potential for a breakout upwards if the $70,000 resistance is successfully breached. On the fundamental side, news about institutional adoption and the potential for a Bitcoin Spot ETF adds fuel to the bullish sentiment. For now, my strategy is to buy the dip while securing positions using stop loss. BTC is still the king in the crypto world, and during a sideways market, BTC is usually the most stable. So, stay alert and don't rush to enter at price peaks!
