$BTC market update: large institutions continue adding Bitcoin, with one major buyer purchasing over 34,000 BTC this week. This shows how some long-term investors use market dips to build positions.
At the same time, rising oil prices and geopolitical tension caused Bitcoin to fall slightly. Markets often react to global events, but repeated shocks can have weaker effects over time.
Key levels traders are watching now: around $74K as support and $76K as resistance. If price moves above resistance, the next area of interest could be near $77.4K.