$BTC $BTC price has slipped over recent weeks as traders worry about macroeconomic risks, strong US jobs data, and delayed inflation reports. This has kept rate-cut expectations in check and pressured risk assets like crypto.
đ Volatility remains high: BTC has ranged from ~$60K lows to ~$70K highs this period â showing uncertain market sentiment.
đ§ Technical Signals
Bearish bias dominates most technical indicators â many signals lean toward continued downside pressure unless buyers step in.
Support levels to watch: ~$67.5K and ~$63.5K â these are key floors for BTC price action.
Resistance overhead: ~$71.3Kâ$75K â a break above could flip momentum.
đ Outlook: Consolidation or Bounce?
Neutral short-term: Price has been consolidating in a wide range, with both bullish and bearish crosswinds.
Medium-term possibilities:
A breakout above near resistance could spark a relief rally.
A breakdown below support levels may deepen correction.
Technical forecasters see mixed signals, so traders are watching momentum closely.
đȘ Macro & Fundamental Factors
Inflation & Fed policy remain headline drivers â CPI data due soon could sharply sway BTC.
Institutional ETF flows and on-chain behavior may provide longer-term support if capital returns.#BTC #BinanceHODLerMMT #privecyCoinSurge #ADPJobsSurgeâš