Bitcoin ($BTC) continues to dominate the cryptocurrency market with its strong price movements and high liquidity. Traders focusing on BTC should pay close attention to key support and resistance levels, as well as market sentiment driven by global news and regulatory updates. Using technical analysis tools like Fibonacci retracements and volume indicators can help identify potential entry and exit points. Due to its volatility, risk management is essential when trading BTC setting stop-loss orders and defining clear profit targets can protect your capital. Staying informed about developments in the Bitcoin ecosystem, such as network upgrades or institutional adoption, can provide valuable insights for successful trading.
