$BTC
Bitcoin is trading around ~$67.7K after bouncing from recent lows. Short-term shows choppy range-bound action with both support and resistance nearby.
• BTC is still down significantly from its October 2025 highs (~$126K), reflecting a broader correction phase.
📉 Bearish Pressure Still Present
• Bitcoin saw a notable downturn in recent weeks, with strong selloffs and volatility hitting the crypto market.
• Macro headwinds like strong U.S. jobs data dampening rate-cut hopes can weaken risk assets like BTC.
⚖️ Mixed Sentiment & Technical Factors
• Some technical perspectives suggest sideways consolidation with key supports around recent lows — traders watching for range breaks.
• There are signs of accumulation and bounce attempts, but price needs a clean breakout above resistance to confirm strength.
📊 Short-Term Bias (Your Short Post Angle)
Bearish/Neutral Bias:
Range-bound between support ~$65K and resistance ~$70K.
Continued volatility could pressure BTC lower if broader risk sentiment stays weak.
Breakdown below support = acceleration to deeper lows; failure to reclaim resistance = range continuation.
Bullish Counter (if needed):
Bounce attempts show dip buyers stepping in — careful of fakeouts.
Macro catalysts or volatility squeezes can spark short rallies.
📌 Summary :
$BTC near $67.7K — still trading in a volatile correction range. Bearish pressure persists unless key resistance breaks. Watch support at ~$65K & resistance ~$70K.