$BTC
📊 #Bitcoin Today: Where is the Market and What to Expect? 🚀
The price of Bitcoin (BTC) remains within a key range, as investors analyze macroeconomic signals and institutional flows. After weeks of volatility, the market seeks direction amid factors such as:
🔹 Key indicators today:
- Current price: ~$61,000 (check in real time).
- Support/resistance: Critical levels at $60K (support) and $63K (resistance).
- ETF flows: Accumulation or institutional selling? U.S. ETFs set the trend.
🔹 Influencing factors:
- Macro pressure: Fed rates, inflation, and global economic data.
- Market sentiment: Fear/greed in neutral zone (Crypto Fear & Greed index).
- Technical news: Miners accumulating or liquidating reserves.
🔹 What to expect?
If BTC holds $60K, it could seek a rebound towards $65K. A downside break could test $58K. Traders are on the lookout for potential catalysts, such as:
✅ Approval of spot ETFs in new countries.
✅ Movements of large whales (institutional wallets).