Bitcoin Market Update Bitcoin (BTC) continues to show resilience in the market, trading within a tight range as investors anticipate upcoming macroeconomic events. Recent price action suggests strong support around XX,XXX, while resistance near XX,XXX keeps bulls in check.
Key factors influencing BTC:
ETF Inflows & Institutional Interest: Growing adoption of spot BTC ETFs is fueling demand. Macro Trends: Fed policy and economic data continue to impact sentiment. On-Chain Metrics: Supply on exchanges remains low, indicating strong long-term holding behavior.
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