$BTC Bitcoin has recently slipped below key psychological levels around ~$70,000, dipping due to broader crypto weakness and ETF outflows. Investors remain cautious with shrinking trading volumes. �
Federal News Network +1
Short-term price structure shows bearish momentum, with analysts highlighting potential for deeper pullbacks if support around $60,000–$62,000 is decisively broken. �
CryptoPotato +1
Some traders view rebounds as “dead cat bounces”, warning that brief recovery rallies may not signal a sustained uptrend yet. �
CryptoRank
🔎 Technical Outlook
Sell pressure and realized losses on chain suggest continuing caution for now — capitulation indicators and realized losses rising off exchanges. �
FXStreet
A break below $60K could accelerate downside risk, while reclaiming and holding key ranges above ~$70K would be constructive. �
FXEmpire
📈 Bullish & Long-Term Views
Despite near-term weakness, some institutional forecasts remain bullish over the medium term, with targets significantly higher than current levels (e.g., rising into the five-figure territory). �
The Block
Longer-term price models tied to market cycles (like the halving cycle) argue that current pullbacks may eventually give way to a post-cycle rally. �
BeInCrypto
