$BTC Bitcoin Proves Its Strength Again Amid Global Market Volatility
In light of global economic uncertainty and rising inflation in major economies, Bitcoin continues to perform strongly, attracting the attention of investors seeking a safe haven. Over the past week, the BTCUSDT pair has shown remarkable resilience, rising from the level of $65,200 to over $69,000, supported by increasing institutional flows through ETF funds and optimism regarding interest rate cuts later this year. Technical analysis shows a strong support base forming at $66,000, which gives the market confidence in the continued upward trend. If the $70,000 level is consistently breached, we may see a rush towards new peaks. Bitcoin once again proves it is more than just a speculative asset.
