Bitcoin has experienced 48 hours of a roller coaster: from touching $106,000… to abruptly falling to $102,000 and then regaining ground.

What is happening behind the price of $BTC ?

Mixed sentiment in the market

The Fear and Greed index remains at 74 (greed), but the current volatility has many watching cautiously. Liquidations exceeded $600 million in the last 24 hours.

Factors moving $BTC

🔹 JP Morgan opens the door to Bitcoin: its CEO Jamie Dimon, historically critical, now allows bank clients to buy BTC. Total narrative shift.

🔹 Coinbase enters the S&P 500: first crypto exchange to do so. Real-time institutional validation.

🔹 21Shares projects BTC to $138K this year: according to their analysis, the new rally will be led by institutions, not retail.

🔹 Silent accumulation: on-chain data reveals that “strong hands” are accumulating BTC amidst uncertainty.

🔹 Moody’s downgrades U.S. rating: the dollar loses trust… and Bitcoin reinforces its narrative as an alternative haven.

What’s next?

Amid positive news and macroeconomic shocks, Bitcoin shows resilience. But beware: we are in a high volatility zone, and any headline can change the game.

Is this just a breather… or the beginning of the next institutional leap?

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💬 Bull trap or real takeoff?

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