Bitcoin aims to overcome resistance at $92,000 as MicroStrategy increases its holdings, totaling 331,200 BTC. Investor Paul Tudor Jones is also boosting exposure through BlackRock’s Bitcoin ETF, while ARK Invest's Cathie Wood remains bullish on Bitcoin's future amidst the changing regulatory landscape in the U.S. The S&P 500 Index saw profit-taking, and a rebound from the 20-day EMA could propel it towards 6,221. In contrast, the US Dollar Index shows strength but is approaching a critical resistance zone. Cryptocurrency analyses show Bitcoin facing resistance between $92,000 and $93,265, with significant support at $85,000. Ether finds support near the 38.2% Fibonacci retracement level at $3,028 while Solana has flipped the breakout level of $210 into support. BNB, XRP, Dogecoin, Cardano, and Shiba Inu are all navigating crucial resistance and support levels, with varying prospects for upward trends in the near term. Overall, investor sentiment remains generally positive in the cryptocurrency market.

Source 🔗