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A comprehensive look at the recent trends of Bitcoin from the technical, news, and data perspectives

From a technical perspective, Bitcoin is currently experiencing a small range of fluctuations, with 136,000 seen as the key target for the first phase of a bullish flag pattern. Due to the U.S. stock market being closed over the weekend, market liquidity is limited and price volatility is easing

From a news perspective, there have been recent rumors in the market that Federal Reserve Chairman Powell may resign, but these have been debunked by authoritative reporters. The S&P 500 had limited fluctuations on Friday, indicating that the market was not significantly affected

From a data perspective, whale activity shows some buying momentum. Yesterday, whales purchased 2,686 BTC, and today bought 801, with a cumulative total of 8,187 this week

Overall, Bitcoin has certain upward momentum in the short term $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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