$USDC Weekly Overview: BTC/USDC Pair
🔹 Range: $69,000 – $71,800
🔹 Change over 7 days: +2.2%
🔹 Volumes — moderate, decline in activity mid-week
🔹 Support: $69,300
🔹 Resistance: $72,000 (not broken, but tested twice)
💡 Notable observations:
• USDC remains a stable base, especially amidst minor liquidity fluctuations in USDT
• Increased interest in BTC/USDC among institutions, especially on CEX with low fees
• BTC's sideways movement makes the pair suitable for short-medium term strategies
📉 Technical picture:
• RSI in neutral zone (~52)
• Volumes on pullbacks below average — hint at a possible breakout upwards
• Local minima are being held, but there is no clear momentum