Bitcoin (BTC) continues to trade in a volatile range as the market searches for a clear direction. After recent pullbacks, BTC is showing signs of stabilization, with traders closely watching key support and resistance levels.
Macroeconomic factors, especially expectations around interest rates and U.S. economic data, remain the main drivers of short-term price action. While uncertainty persists, long-term sentiment stays cautiously optimistic as institutional interest and network fundamentals remain strong.
For now, Bitcoin appears to be in a consolidation phase, waiting for the next major catalyst.
For now, Bitcoin appears to be in a consolidation phase, waiting for the next major catalyst.
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