$BTC

Bitcoin ($BTC) is currently trading around $106,400, showing resilience above the $105K support level. Market sentiment remains cautiously optimistic, with institutional investors like MicroStrategy continuing to accumulate BTC as a long-term hedge. Despite global economic uncertainty, Bitcoin’s status as digital gold holds strong, especially as the U.S. dollar weakens. Short-term resistance is seen near $108K, with low volatility suggesting consolidation. On-chain data indicates steady holding behavior, reflecting confidence among long-term holders. With increasing corporate adoption and tightening supply post-halving, Bitcoin remains a key asset in crypto portfolios, balancing risk and long-term upside potential in today’s evolving financial landscape.