Bitcoin continues to be the benchmark in the world of cryptocurrencies. The pair $BTC shows remarkable resilience even during times of high market volatility. Analyzing the weekly chart, signs of accumulation by institutional investors can be observed. Furthermore, interest in Bitcoin ETFs is growing, contributing to strengthening positive sentiment. Monitoring the price action of $BTC can provide great signals for other related altcoins as well. Despite market cycles, Bitcoin confirms itself as a store of value in the long term.
