📊 Bitcoin Market Overview (This Week)

BTC
BTC
69,143.15
+7.70%

This week’s #BTC market has been defined by sideways trading, defensive sentiment, and mixed macro catalysts:

🔹 Price Action

Bitcoin has been trading in a range roughly between ~$65,700 and ~$71,700 over the past several days, showing limited directional conviction.

FXStreet

Price has slightly declined or consolidated rather than breaking sharply higher, reflecting weak momentum and uncertainty among traders.

FXStreet

🔹 Short-Term Forecast & Technical Signals

Short-term technical models show neutral to slightly bearish signals, with projections of small daily moves and sideways averages.

Traders Union

Indicators like negative funding rates and declining derivatives volumes suggest traders are cautious, with longs reducing exposure.

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