Bitcoin ($BTC) continues to show impressive resilience around the $70,000–$72,000 range, holding firm despite increased market volatility. The broader crypto sentiment remains moderately bullish, supported by strong institutional inflows and optimism around Bitcoin’s long-term store-of-value narrative. Currently, BTC’s technical setup signals a possible bullish continuation, though short-term traders should watch for consolidation before the next breakout.

On the daily chart, BTC maintains a strong support zone near $68,500, where the 50-day moving average aligns. This confluence suggests a robust buy zone for swing traders. The Relative Strength Index (RSI) hovers near 58, indicating healthy momentum without being overbought. A decisive close above $73,200 could trigger the next leg higher toward $76,800–$78,000, aligning with Fibonacci resistance levels.

However, if BTC fails to hold the $68,000 threshold, a correction toward $65,500–$66,200 could follow before the next upward attempt. Volume indicators confirm increasing buying interest, hinting that market participants are accumulating during dips.

The macro environment adds further strength to the bullish case — slowing inflation data and expectations of interest rate cuts in early 2026 are fueling investor appetite for digital assets. Institutional accumulation through ETFs also continues to grow, lending additional support to Bitcoin’s medium-term outlook.

Trade Setup:
• Entry Zone: $68,500 – $70,000
• Target 1: $73,200
• Target 2: $76,800
• Stop-Loss: $66,000
• Risk Level: Medium

Sentiment: Bullish ✅
Timeframe: Short-to-Mid Term (1–3 weeks)

In conclusion, Bitcoin’s current structure favors long positions as long as it remains above key support. Traders should monitor resistance around $73,000 closely — a clear breakout above could confirm momentum toward new highs near $80,000, while rejection may invite short-term pullbacks. Overall, the trend remains upward with solid fundamentals and strong technical backing. 🚀#LaunchTokensOnSquareToGrab$1,000 $BTC