After dropping to 74 thousand at the beginning of the month due to some confusion in American economic decisions, it has stabilized again and is now around 85 thousand dollars, which means there is an increase of about 1% during the day.

There is optimism in the market after America eased some of the tariffs, and also the pressures on crypto companies have started to ease, which has led people to start interacting and injecting money again.

Additionally, a major financial company in Brazil announced that it intends to increase its Bitcoin reserves… and this boosts confidence in the market even more.

If you follow technical analysis, you'll find indicators like MACD and RSI giving bullish signals, so we might see resistance at 87 thousand, but as long as the price is above 83 thousand, the situation is reassuring.

If you are trading, keep an eye on the market… the movement is starting to heat up!