$BTC shows consolidation after a recent upward trend, with technical indicators reflecting cautious market sentiment. RSI indicates neutral momentum, while MACD signals potential bearish divergence. Key support and resistance levels remain intact, suggesting $BTC may be preparing for a breakout. Institutional adoption, such as the growth of $BTC holdings by MicroStrategy, supports long-term optimism. However, short-term volatility persists due to whale activity and ETF flows. Traders should monitor BTC's moving averages for trend confirmation. Despite fluctuations, BTC's dominance and scarcity driven by halving make it a focal point for crypto investors.
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