BTC Rebound
Bitcoin (BTC) is experiencing a significant downturn. The current price is hovering around $67,000–$69,000 USD, down roughly 8–10% in the last 24 hours and much lower from its all-time high of about $126,000 in October 2025. It has dipped below key support levels like $70,000 recently, hitting lows not seen since late 2024, amid broader risk-off sentiment in markets (including stocks and precious metals).
Recent correction from post-ATH euphoria, with profit-taking and reduced momentum.
No major bullish catalysts (e.g., delayed or uncertain policy changes like regulatory clarity or rate cuts).
Technical breakdowns, including potential head-and-shoulders patterns suggesting further downside risk (some analysts mention targets as low as $50,000–$65,000 if supports fail).
Broader market factors: Equity sell-offs, no government bailout signals, and persistent high rates/liquidity concerns.
