📊 Market Snapshot
•
$BTC is trading around $68,000–$70,000 after recovering from a sharp drop near $60K. 
• Price remains about 50% below the Oct-2025 peak (~$126K). 
• The recent selloff reflects deleveraging and macro uncertainty. 
📉 Technical Outlook
Trend: Bearish correction with short-term consolidation.
• Resistance: $68,500 → $75,000 
• Support: $64,000 → $60,000 
• Indicators: RSI near oversold and price below key EMAs signal weakness. 
👉 If
$BTC loses $60K, downside toward $50K becomes likely. 
👉 A breakout above $68.5K could push recovery toward $75K+. 
📈 Market Drivers
Bullish Factors
• Institutional buying and long-term adoption continue. 
• Post-halving cycle patterns suggest corrections are normal. 
Bearish Risks
• Macro uncertainty & tech-market volatility impact crypto. 
• Lack of new buyers and ETF inflows slowing momentum. 
🔮 Short-Term Forecast
• Bullish: Break above $70K → $75K–$80K
• Sideways: $60K–$70K range
• Bearish: Below $60K → $50K zone
Summary: Bitcoin remains in a corrective phase after a major rally in 2025. Short-term direction depends on the $60K support and $70K resistance battle.
#btc #btc70k #BTC70K✈️