📊 Bitcoin Market Overview (This Week)

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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