$BTC #bitcoin , the digital gold, is facing a tough technical week. After its massive rally to a recent high, $BTC has pulled back sharply, trading in the $86,000 range. The market is testing whether the institutional buying from the new ETFs can outweigh the recent wave of profit-taking.
Current Status: Consolidating, with a struggle to regain the $90,000 level.
Key Indicator: $BTC Dominance remains high (around 60%), meaning the market is still following the Bitcoin lead.
Outlook: All eyes are on ETF flow data. If institutions start stepping back in, the rally continues. Otherwise, a deeper correction is on the table.
BTC
87,654
+3.64%
