$BTC

Bitcoin remains in a consolidation phase, trading sideways after facing resistance near the $59K level. Market sentiment is cautious as traders await macroeconomic signals and the next U.S. inflation data release. Despite short-term volatility, long-term fundamentals remain strong: institutional interest continues, and BTC supply on exchanges is near multi-year lows. The halving’s effects are still playing out, potentially setting the stage for a supply-driven rally later this year. Watch for a breakout above $60K for bullish momentum, or a dip below $56K for further downside. Until then, accumulation strategies remain popular among long-term holders. Stay patient and manage risk carefully.