Short-term reversal potential: despite current sell-offs, institutional investor interest in Bitcoin is increasing. A senator announced a purchase of BTC worth $200,000, reflecting growing confidence in the asset. The long-term outlook remains bullish, especially against the backdrop of a weakening dollar and rallies in gold and silver. ETH and SOL demonstrate resilience within a range, which may limit further BTC decline.
BTC support test: current price around 87,338.93 USDT. Short-term pressure persists, so caution is advised when selling and monitoring ETH and SOL market dynamics as indicators of recovery. If the 86,000 USDT level holds, a rebound towards 89,000–90,000 USDT is possible. $BTC
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Short-term reversal potential: despite current sell-offs, institutional investor interest in Bitcoin is increasing. A senator announced a purchase of BTC worth $200,000, reflecting growing confidence in the asset. The long-term outlook remains bullish, especially against the backdrop of a weakening dollar and rallies in gold and silver. ETH and SOL demonstrate resilience within a range, which may limit further BTC decline.
BTC support test: current price around 87,338.93 USDT. Short-term pressure persists, so caution is advised when selling and monitoring ETH and SOL market dynamics as indicators of recovery. If the 86,000 USDT level holds, a rebound towards 89,000–90,000 USDT is possible.
$BTC