Bullish crypto traders are facing resistance in Bitcoin and select altcoins, suggesting that bears are still present in the market. Bitcoin’s consolidation near $31,000 could lead to an upside breakout, but caution is advised due to macroeconomic uncertainty. Institutional investors remain positive about Bitcoin’s prospects, with a majority of digital asset inflows going into Bitcoin-related products.
– Bullish crypto traders are struggling to overcome resistance in Bitcoin and select altcoins.
– Bitcoin’s consolidation near $31,000 could result in an upside breakout.
– Institutional investors are optimistic about Bitcoin’s prospects, with a majority of digital asset inflows going into Bitcoin-related products.
