Bitcoin Market Update – Positive Momentum Building!
Bitcoin continues to show strong resilience, holding key support levels and gradually building upward momentum. Market sentiment is improving as institutional interest remains steady, and on-chain data shows increased accumulation by long-term holders.
Recent developments:
BTC is trading steadily above critical moving averages, signaling potential for a bullish breakout.
ETF inflows remain positive, reflecting growing confidence from traditional finance.
Network fundamentals are strong – hash rate and wallet activity both up, indicating healthy growth.
With the halving event still fresh in market memory, many analysts are eyeing $80K+ targets in the mid-term if current trends continue.
Stay tuned and stay bullish!