$BTC After two weeks of strong buying pressure, Bitcoin's movements seem to have stalled in the short term, stabilizing around the 103K zone. For now, the cryptocurrency has not managed to return to the area of historical highs, located above 106,000 dollars. The new neutral bias that dominates Bitcoin in the short term is directly related to the rise in confidence in the US dollar, one of its main competitors as a store of value.

The last three weeks have been key for behavior, as its bullish bias has remained strong after the easing of the trade war, which had not been seen for months. This recovery is also reflected in the behavior of Bitcoin ETFs, which in the last three weeks have received more than 5 billion dollars in net purchases, evidencing a growing institutional interest in the asset.