BTC has consolidated in a range between 116,000 USD and 120,000 USD for nearly two weeks. Recent trade agreements have not significantly impacted BTC’s price, but institutional interest remains, with strong inflows into Bitcoin ETFs.
Market participants anticipate volatility due to the upcoming Federal Reserve interest rate decision, which could impact BTC’s movement. If BTC falls below 116,000 USD, it might test lower support levels.
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