$BTC Bitcoin ($BTC) has once again shown resilience as it rebounds from the recent consolidation phase. The current support level around $65,000 has held strong, and the price action indicates a potential move toward $70,000 if bullish momentum continues. On-chain data reveals an increase in long-term holder accumulation, suggesting confidence in a long-term uptrend. Meanwhile, Bitcoin dominance is rising, hinting that altcoins might lag while BTC leads the rally. This could be a good time to consider scaling into $BTC positions gradually. As always, proper risk management and technical analysis should guide any trade or investment decision involving Bitcoin.
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