$BTC

**Monitoring $BTC at Critical Technical Juncture After Recent Volatility**

Bitcoin is consolidating around **$63,400** after testing key support near $60.5K. The daily chart shows it's currently battling the 50-day moving average a crucial sentiment indicator. On-chain data reveals significant whale accumulation between $60K-$62K, suggesting strong institutional bids at those levels. However, sustained upside requires reclaiming $65.5K resistance decisively. Macro factors remain influential; softer US CPI data next week could provide tailwinds, while hawkish Fed commentary poses risks. My strategy involves scaling into long positions only on confirmed closes above $64.2K with volume, targeting a retest of $67K. Strict stop-losses sit below the weekly swing low at $59.8K to protect capital. Monitoring ETF flows closely for institutional sentiment shifts. Patience is key until a clearer directional breakout emerges.

$BTC