🔥 Is the moment of Bitcoin's price explosion approaching?! 💣
The currency $BTC is currently consolidating near strong support levels, amidst market fluctuations and anticipation of Federal Reserve movements.
Despite the pressures, Bitcoin still maintains a bullish structure in the medium term, especially with increasing institutional adoption and a rise in the number of long-term wallets (HODLers).
📊 The main factors that whales are currently monitoring:
The upcoming inflation data 🧮
The potential for interest rate cuts 📉
Flows into spot Bitcoin ETFs
The increase in the hash rate on the BTC network
The upcoming halving and its impact on supply
🎯 Technical analysis indicates the possibility of a rebound from the 64K level towards the 70K area – provided that the current support is maintained and not broken.
But ⚠️ an important reminder: Bitcoin is quick to rise… and very quick to correct!
📌 As a user or investor: Do you expect a new peak soon? Or is it time to take profits?
