🔎Latest updates on $BTC

💹 A look at the 24-hour chart shows $BTC recovering by +0.73%, trading at $111,099. According to CoinGecko data, this bounce comes after testing key support levels, with daily trading volume significant at over $48 billion as market attempts stabilization.

🛡️ According to Cointelegraph, institutional demand via spot ETFs remains a crucial underlying support factor. Despite recent volatility and some outflows, the overall trend points towards accumulation by major players anticipating future price appreciation.

📈 Technical analysis from FXStreet highlights that Bitcoin is attempting to reclaim the $110,000-$112,000 zone after finding support below $108,000. A convincing hold above this area is needed to signal a potential recovery towards recent highs.

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⚠️ Remember that every investment decision is personal, and this content does not constitute financial advice.
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