$BTC
Bitcoin continues to consolidate as the most relevant digital asset, with a trajectory marked by volatility and institutional interest. It is currently trading around 88,390.52 USD, showing signs of recovery after a series of corrections in recent days.
Key Factors in Its Recent Movement:
Institutional Demand: Large investment funds have maintained positions in BTC, driving its price.
Global Regulations: Recent announcements of regulations in the U.S. and the European Union have generated uncertainty, impacting investor confidence.
Macroeconomics and Geopolitics: The trade war between the U.S. and China, along with uncertainty about Federal Reserve interest rates, have influenced the volatility of the crypto market.
Trends and Projections:
In the short term, some analysts foresee a possible rebound towards 92,977.03 USD before facing another correction. Technically, Bitcoin has shown resistance at 86,000 USD, while its key support is around 74,000-75,000 USD.#BTCRebound $BTC