$BTC

📉📈 #Bitcoin Today: Is it a Temporary Correction or a Buying Opportunity?

The price of BTC shows volatility this Thursday, fluctuating between $60,000 and $62,000 after a 5% pullback in the last hours. Is it just a simple correction before a new bullish push or signs of a prolonged winter?

🔹 Key Factors:

- Selling pressure on exchanges after failed resistance tests at $63K.

- Mixed institutional flows: U.S. ETFs report inflows, but fears of Mt. Gox sales hinder momentum.

- Macro uncertainty: Inflation data in the U.S. and Fed rates continue to influence.

🔹 Technical Analysis:

- Critical support at $59,800** (200 daily EMA).

- If it holds, it could bounce back to $65K.

- A break below $59K would open the door to $56K.

🔹 What to Expect?

Historically, July is a sideways month for BTC, but the fundamentals remain strong: growing institutional adoption, recent halving, and scarcity on exchanges.

📌 Strategy: DCA (dollar-cost averaging) in support zones for the long term.

#Bitcoin #CryptoMarket #TradingBTC