📉 Current Market Condition
$BTC . Is trading around the ~$69k–$70k level, still significantly below its all-time highs (~$126k from October 2025) — down roughly 40–45% from peak. �
CoinGecko +1
Over the past week, price volatility has surged, with sharp sell-offs driving BTC below key psychological levels like $70,000 and $65,000 before stabilizing. �
Reuters +1
📊 Technical & Sentiment Notes
The market shows mixed signals: some accumulation by holders across cohorts could point to a base forming, while technical downside risk remains if support breaks. �
CoinDesk +1
Macro forces (liquidity conditions, broader markets) are weighing on BTC, causing volatility beyond just crypto-specific news. �
Reuters
🧠 Outlook
Bullish:
• Accumulation by medium/long-term holders indicates confidence near current levels. �
• Long term, many analysts still see multi-year upside due to Bitcoin’s scarcity and institutional interest.
CoinDesk
Bearish / Caution:
• Near-term risk remains if BTC drops below key support zones (~$63k–$60k). �
• Market sentiment still fragile and could lead to choppier trading.
