Bitcoin's movement today reflects a continued consolidation phase, with the cryptocurrency trading near critical resistance levels. After recently touching the $100,000 psychological mark, Bitcoin has been fluctuating between $92,000 and $98,000, with current prices around $96,000 to $100,000. Analysts suggest this range is due to a mix of profit-taking and institutional accumulation.
Several factors influence the market dynamics. Institutional demand remains high, driven by Bitcoin ETFs and easing macroeconomic pressures. However, outflows from ETFs totaling $458 million this week highlight s