$BTC Bitcoin is currently showing resilience, trading near key support levels after recent volatility. Market sentiment is cautiously optimistic, driven by institutional interest and anticipation around the upcoming Bitcoin halving. The U.S. approval of spot Bitcoin ETFs has brought more mainstream exposure, increasing liquidity and attracting new investors. On-chain data shows strong holding behavior, with long-term holders not selling despite price fluctuations. Regulatory clarity is improving in some regions, though uncertainty still lingers. As global markets stabilize, Bitcoin is being viewed as both a hedge and a speculative asset. While short-term moves remain unpredictable, long-term outlooks among many analysts remain bullish.