$BTC

The BTC/USDT market is seeing significant activity today. At the time of writing, the price of Bitcoin is around $60,4571. Recent events such as the $1 billion Tether issuance could impact the market, especially in light of the expected Fed rate cut2.

Technical analysis shows that Bitcoin is in a consolidation phase, and a breakout of the $69,000-$70,000 resistance level could be key for further growth3. Short-term fluctuations are possible, but the overall trend remains positive.

Do you think Bitcoin is worth investing in now?