Bitcoin (BTC) continues to dominate the crypto market, holding its position as the leading digital asset. Recent price action suggests a consolidation phase, where bulls and bears are battling for control. The RSI remains near neutral territory, indicating no extreme overbought or oversold conditions at the moment. A strong breakout above key resistance with high trading volume could trigger the next bullish rally. Short-term traders are finding opportunities in volatility, while long-term investors are viewing current levels as potential accumulation zones.
On-chain data shows gradual accumulation by large wallets (whales), often seen as a signal of growing market confidence. Bitcoin dominance remains steady, meaning altcoins may only see major moves once BTC confirms a clear direction. If macroeconomic conditions stay supportive, Bitcoin could be preparing for its next upward leg. As always, proper risk management and waiting for confirmation are essential — in crypto, patience is the ultimate strategy. 🚀
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BTC
68,992.66
-1.44%