According to recent market data, Bitcoin (BTC) has slipped back under the key $69,000 level, trading near roughly $68,600–$68,700 amid broader cryptocurrency weakness and heightened market caution. Analysts point to technical breakdowns — including a failure to hold above major support levels and bearish momentum indicators — as reasons for the move, while some see potential for short-term stabilization if buyers step in around lower support zones.
📉 Market Context:
BTC’s move below $69,000 reflects ongoing volatility in the crypto market and increasing risk sentiment among traders.
Some analysts warn a break below $68,000 could open deeper downside toward mid-$60,000 levels.
On-chain data shows market fear remains elevated, although cautious buying interest persists.
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BTC
66,958.4
-1.40%
RPL
2.34
-2.50%
SPACEUSDT
Διην.
0.0117
+4.07%