Market Summary
🔹 Short-Term Price Action
$BTC is trading below key psychological resistance near $70,000 and remains range-bound, showing weak momentum recently. �
CryptoPotato
On-chain indicators suggest capital rotation is slowing, which usually signals a cautious market phase. �
BeInCrypto
🔸 Technical Signals
Price is consolidating, struggling to break above immediate resistance and is caught between sellers above and buyers near support. �
Mixed signals from momentum tools (RSI & MACD), with some suggesting possible deeper correction if support breaks. �
$BTC BTCC
📉 Bearish Views
Some analysts think BTC may face more downside if bearish sentiment persists, with potential drops under certain levels if key supports fail. �
CoinDesk
Macro uncertainty and lack of strong catalysts are cited as reasons for limited upside. �
Bitcoin Magazine
📈 Bullish Factors
Long-term institutional interest remains present, with speculation Bitcoin could resume a higher trend if broader economic conditions improve. �#btc70k #cryptouniverseofficial #abdullah 
