🔶 Current Status of Bitcoin (BTC) – Where is the Market Heading? 🔶
Bitcoin is currently trading around $100,700, after a notable correction in the past few days, having fallen by more than 4% to $99,200, before regaining some strength.
📉 Is this drop concerning? In my opinion, no. It is a natural part of market movement after a strong rise over the past months, especially following the Halving event.
🔎 Key Features of the Current Phase:
Continuous institutional inflows into Bitcoin ETFs (over $3.2 billion during the last quarter).
Strong support around the $100,000 – $102,000 levels.
Market anticipation of the Federal Reserve's decisions regarding interest rates.
📈 Expected Scenario:
If the resistance at $110,000 is broken, we may see a wave of rising that leads us to levels of $130,000 – $135,000 in the coming months.
However, if the pressure continues, strong support at $98,000$ may form a rebound point.
🧠 My Advice: Bitcoin is currently in a "Smart Accumulation" phase. For those who believe in the project long-term, this is an opportunity for thoughtful accumulation (DCA), with good risk management.
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