#BTCHashratePeak Bitcoin (BTC) is trading around the $59,000–$60,000 range after recent volatility triggered by macroeconomic news and shifting investor sentiment. Market analysts note mixed signals — on-chain data shows accumulation by long-term holders, while short-term traders are realizing profits. Global factors like U.S. inflation data, Federal Reserve rate expectations, and ETF inflows continue to influence price action. Technical charts indicate strong support near $57,500, with resistance around $61,500. Overall sentiment remains cautiously bullish, with traders eyeing a potential breakout if buying pressure sustains. Volatility is expected to remain high in the coming weeks as macro and crypto-specific events unfold.