$BTC

Bitcoin ($BTC) continues to command global attention as it hovers near key resistance levels, reflecting a mix of bullish momentum and cautious optimism. Currently trading above $66,000, BTC has shown resilience despite macroeconomic pressures and tightening regulations across various regions. On-chain metrics show increasing accumulation by long-term holders and declining exchange balances—signs of reduced selling pressure. Meanwhile, institutional interest remains strong, with recent purchases by firms like Metaplanet and Strategy (formerly MicroStrategy) reinforcing confidence in Bitcoin as a treasury asset. With the next halving event already behind us, market participants are eyeing a potential supply squeeze, which historically has led to major bull runs. Short-term volatility remains possible due to inflation data and central bank policy decisions, but the broader trend suggests continued strength. Traders are watching closely for a breakout above $70,000, which could open doors to new all-time highs. Bitcoin remains the heartbeat of the crypto market. Stay alert.