Bitcoin (BTC) is currently at the center of investor attention, with a price approaching $92,200, up nearly 25% since its low in April 2025. This performance starkly contrasts with traditional markets, where the S&P 500 has fallen by more than 12% and the Nasdaq by nearly 18%, reflecting increased volatility in stocks and a weakness in the US dollar.
Technically, BTC recently broke through a "falling wedge" pattern over four months and closed above its 200-day moving average, with an RSI above 50, indicating bullish momentum. However, the psychological threshold of 100,000 remains a major resistance level, where selling pressure could emerge.
Moreover, the approval of the first Bitcoin spot ETFs and a more favorable cryptocurrency policy have strengthened institutional interest, attracting major players like BlackRock and Fidelity.
In summary, while traditional markets wobble, Bitcoin demonstrates notable resilience, attracting new capital and offering interesting growth prospects.
