$BTC Increasing supply scarcity (as we approach 20 million circulating coins) along with continued institutional inflows keeps the overall trend bullish despite short-term volatility.
The market is in a "waiting for a catalyst" mode; a breakout above resistance enhances the bullish sentiment, while a break below support opens up buying opportunities from lower levels.
The market is in a "waiting for a catalyst" mode; a breakout above resistance enhances the bullish sentiment, while a break below support opens up buying opportunities from lower levels.