Bitcoin's next move is currently at a crossroads, with market sentiment hovering between cautious optimism and uncertainty. After the recent halving, many expected a sharp upward move, but BTC has mostly consolidated, reflecting mixed signals from macroeconomic indicators and on-chain data. Historically, post-halving rallies often take a few months to kick in, so the current sideways action may just be a calm before the storm.
Technically, BTC is forming a range between key support around $60,000 and resistance near \$66,000. A breakout above this range, especially with strong volume, could signal a push toward all-time highs, possibly targeting $75K–$80K in the medium term. On the other hand, if support fails and we drop below $58K, a deeper correction to the $52K–$55K area could follow.
Fundamentally, watch for macro catalysts like inflation data, U.S. interest rate decisions, and regulatory developments. Also, rising institutional interest through ETFs adds long-term bullish weight. Caution and patience remain key.