$BTC $BTC has shown increased volatility recently due to macroeconomic events and ETF activity. This week, Bitcoin hovered between $64,000 and $66,000 before breaking through key resistance at $66,500. I placed a swing trade after confirmation on the daily chart, entering at $65,200 with a target of $68,000. The recent bullish sentiment is supported by increased institutional interest and a weakening dollar index. However, caution is warranted as BTC remains sensitive to CPI data and regulatory developments. As always, risk management is key, especially when trading a highly liquid and volatile asset like Bitcoin.
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BTC
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