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Bitcoin is trading around USD $62,908 (approximately Rp1.15 billion), with short-term price movement still projected to remain highly volatile. BTC’s current trend direction is split: it is driven by continued spot ETF inflows, yet restrained by waiting for the results of The Fed (Fed Minutes), which casts a shadow over macroeconomic certainty.
## Trend & Sentiment Analysis:
**Short Term:** The market is testing support and resistance levels. Positive ETF sentiment is not strong enough to confirm a sustained rally, so the potential for corrections or high volatility still looms over market momentum in Q3.
**Long Term:** Institutional adoption continues, such as the planned BTC-based bond in New Hampshire worth USD $100 million. [1, 2, 3, 4, 5]
You can monitor price movements directly via TradingView to see technical charts or read in-depth reviews of market action on Ajaib regarding the current sentiment. [1, 2, 3, 4]