$BTC The Bitcoin market shows signs of improvement.
10x Research has indicated that the overall Bitcoin market is improving. Factors such as rising oil prices, stability in bond yields, and moderate signals from the Federal Reserve are driving the appeal of Bitcoin, which could redirect funds from altcoins like $ADA and $DOT towards Bitcoin.
Currently, the price of Bitcoin is experiencing slight fluctuations around $106,000, with ongoing consolidation that could generate momentum for a future bullish breakout. On-chain data indicates that as long as the price remains above $100,437, significant corrections are unlikely.