$BTC Developments in FIT21 and US laws.**

- **Inflation data and interest rate policies of the US Federal Reserve (Fed).**

- **Flows of Bitcoin ETF funds.**

- **Activity of large whale addresses and miners.**

Bitcoin is still in a phase of **accumulation** with strong institutional support, but it may experience short-term volatility due to economic and regulatory factors. **The long-term outlook remains positive**, especially with the growing global acceptance and legal clarity.