🟠 BTC Update – Price Weakens Slightly, Fundamentals Continue

Bitcoin is down slightly -0.2% (≈ $89,770) in the last 24 hours.

Technically it looks weak, but the institutional and regulatory narrative remains strong.

📉 Short-Term Market

Prices are still in a light correction phase

MACD mostly negative → short-term momentum bearish

The market tends to wait & see ahead of macro sentiment

🏦 Fundamentals Remain Strong

MicroStrategy adds 10,624 BTC

Total holdings: 660,624 BTC → corporate confidence remains unshaken

PNC Bank opens BTC spot access for private clients

US regulators (OCC) begin paving the way for crypto banks → adoption becomes more "official"

🌍 Macro Factors (To Watch Out For)

Potential BOJ interest rate hike (Dec 18–19)

→ global liquidity risk & yen carry trade may stop

BTC hashrate down ±8% due to mining shutdowns in Xinjiang

→ short-term sentiment disrupted, not a structural threat

📌 Conclusion

Prices may be sluggish,

institutions are actually adding positions.

Short term: sideways–bearish

Long term: thesis remains solid.

DYOR & risk management remains number one.