$BTC Short Discussion: $BTC

$BTC (Bitcoin) remains a focal point in the crypto world, recently trading around $65,000–$70,000 as market volatility persists. Investors are closely watching macro trends, including U.S. inflation data and Federal Reserve interest rate decisions, which continue to influence Bitcoin’s price.

Despite short-term dips, long-term sentiment stays bullish, fueled by institutional interest, limited supply (21 million cap), and the recent Bitcoin halving. Traders are eyeing key support at $60K and resistance near $72K, with some speculating a push toward new all-time highs if market momentum returns.

Bitcoin's role as "digital gold" is once again in the spotlight amid global economic uncertainty.