Today's Bitcoin (BTC) market on Binance and globally shows strong bullish momentum due to several key drivers:
1. Institutional Inflows and ETF Growth: Bitcoin ETFs have seen record inflows, such as BlackRock’s iShares Bitcoin Trust, signaling increased institutional confidence. These investments are boosting Bitcoin's liquidity and driving its price higher.
2. Technical and Historical Trends: Historically, November has been a strong month for Bitcoin, with average monthly gains often exceeding 40%. Currently, BTC is consolidating around $70,000 to $72,000, with potential to test resistance levels at $76,000 or even $90,000 if bullish sentiment continues.
3. Macroeconomic Catalysts: Expectations of U.S. Federal Reserve rate cuts and other supportive economic policies are creating a favorable environment for
