$BTC has shown remarkable resilience in recent weeks, despite fluctuations in the global financial markets. With Bitcoin's price holding above major support levels, investors remain cautiously optimistic. Institutional interest continues to rise, as seen with several large firms adding BTC to their portfolios. On-chain data suggests that long-term holders are accumulating, reducing the circulating supply available for trading. This could potentially lead to a supply shock, pushing the price higher. However, macroeconomic factors such as inflation rates and regulatory developments could impact this bullish sentiment. Overall, $BTC remains the cornerstone of the cryptocurrency market, drawing both retail and institutional interest.