$BTC is trading within a range, with strong support found around the $60,000 mark and resistance at approximately $70,000. Analysts are closely watching for a decisive breakout from this range to determine the next major price movement.
The recent halving event has also played a crucial role, historically leading to bullish trends in the long term, though its immediate impact is still unfolding. Many investors are optimistic about Bitcoin's future, citing increasing institutional adoption and growing mainstream acceptance as key drivers.
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BTC
90,319.99
-1.19%
