📉 Recent Price Action BTC has been trading around ~$67k–$69k, struggling to clear the psychological

📉 Recent Price Action

$BTC has been trading around ~$67k–$69k, struggling to clear the psychological $70k resistance despite occasional rebounds. �

The Economic Times +1

This reflects ongoing volatility and cautious sentiment after Bitcoin’s drop from 2025 highs. �

Barron's

📊 Bullish Signals

Some large holders (whales and long-term investors) are accumulating BTC, which can reduce selling pressure and support price stability. �

$BTC C+1

On-chain data shows long-term holders are returning to buy mode — often a positive sign historically. �

Coinpedia Fintech News

Short-term technical models suggest potential for a bounce toward ~$72k–$75k if resistance is broken. �

MEXC

🐻 Bearish / Risk Factors

Some analysts warn of deep corrections, with downside scenarios targeting low support levels (e.g., near $55k–$60k or lower) if key support fails. �

CCN.com +1

Market sentiment remains mixed with caution around macro and ETF flows. �

The Economic Times

⚖️ Market Sentiment & Macro

Retail interest is up (small investor buying), but long-term conviction from bigger players is needed to sustain rallies. �

CoinDesk

Broader market volatility — including tech stock correlation — is affecting crypto sentiment. �

Barron's

📌 Summary

Short-term (days–weeks): Consolidation around ~$67k–$70k; possible bounce if bulls push above key resistance.

Medium-term (weeks–months): Mixed outlook — could trend higher if accumulation continues or slip lower if selling resumes.

Longer cycle: Data shows institutional interest and longer holder accumulation, but risk of deeper retracements remains until a clearer breakout occurs.

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