Bitcoin is going through a strong consolidation phase, trading around $63,500. After correcting from its highs due to massive capital outflows in ETFs and inflationary pressure on Wall Street, the asset shows a high correlation with the macroeconomy and the Fed's decisions. Although miners are facing losses and there's selling pressure, the current support remains solid thanks to strategic institutional accumulation. #BitcoinETFWeeklyOutflowsDrop87% #BitcoinNetworkActivityNearAllTimeHigh $BTC