Is the moment of the Bitcoin price explosion approaching?! 💣

Bitcoin is currently stabilizing near strong support levels, amidst market volatility and anticipation of Federal Reserve movements.

Despite the pressures, Bitcoin still maintains a bullish structure in the medium term, especially with the increasing adoption by institutions and the rise in the number of long-term wallets (HODLers).

📊 The main factors that whales are currently monitoring:

The upcoming release of inflation data 🧮

Possibilities of interest rate cuts 📉

Flows into Bitcoin Spot ETFs

Increase in the Hashrate on the BTC network

The upcoming halving and its impact on supply

🎯 Technical analysis indicates a possibility of a rebound from the 64K level towards the 70K area – provided that the current support is maintained and not broken.