#BitcoinBouncesBack


Bitcoin has once again stabilized above the $65,000 level, signaling a return of strong demand from buyers.
In the short term, maintaining the $63,000–$66,000 zone as support will be crucial.
If this range holds, the market may attempt to move toward the next psychological level of $70,000.
At the same time, increased volatility is expected due to profit-taking after rapid growth.
Macroeconomic factors, including expectations regarding the Fed's interest rates, remain one of the main drivers of price.
Also, an inflow of funds into spot ETFs plays an important role in supporting structural demand.
If trading volumes begin to weaken, BTC could return to test support levels in the $60,000–$62,000 zone.
The medium-term trend remains bullish as long as there is no breakdown below these levels.
The market currently appears to be in an accumulation phase before a possible new impulse, rather than the end of a cycle.
Ultimately, the scenario depends on the balance between institutional demand and short-term profit-taking.
BTC-2.95%
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