#Bitcoin looks bearish or bullish
Currently, bullish factors like institutional adoption via ETFs and the recent Bitcoin "halving" are driving positive sentiment.
However, persistent high interest rates and economic uncertainty create strong bearish pressure.
The market is in a tense battle between these forces, leading to high volatility.
Technically, it is consolidating after a massive run-up, awaiting a decisive breakout.
The overall mid-to-long-term trend remains cautiously bullish, but a sharp correction is always a near-term risk.
BTCUSDT
Perp
90,075.5
-1.25%
