The general sentiment regarding Bitcoin is cautious optimism with sharp disagreements on timing. Institutional adoption through ETFs ( with assets under management of $124 billion ) and the development of second-layer solutions balance out technical warnings and macroeconomic challenges ( with the DXY dollar index at a 17-year high ). Pay close attention to the weekly close above $113K —holding this level could confirm bullish patterns, while falling below $104K could trigger a cascade of liquidations. "When major players accumulate assets during panic among retail investors," notes Santiment, "history is on the side of the bold."
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#JoinGrowthPointsDrawToWiniPhone17
The general sentiment regarding Bitcoin is cautious optimism with sharp disagreements on timing. Institutional adoption through ETFs ( with assets under management of $124 billion ) and the development of second-layer solutions balance out technical warnings and macroeconomic challenges ( with the DXY dollar index at a 17-year high ). Pay close attention to the weekly close above $113K —holding this level could confirm bullish patterns, while falling below $104K could trigger a cascade of liquidations. "When major players accumulate assets during panic among retail investors," notes Santiment, "history is on the side of the bold."