$BTC remains the centerpiece of the crypto market, and this week, it’s showing mixed signals. After facing resistance near $71K, Bitcoin pulled back slightly but still holds above its 50-day moving average. This consolidation phase may indicate preparation for a new rally or a deeper correction. On-chain data shows increased accumulation from whales, while retail investors are being cautious. I’m currently holding a long position with a tight stop-loss set below $66K. As always, I recommend monitoring macroeconomic events, such as Fed announcements, which often influence BTC price movement significantly.
