đ Current Price Snapshotâą $BTC is trading around ~$66,000 â $67,000 USD after recent volatility, with daily swings between roughly $65,000â$68,000. ⹠Market cap sits around $1.3 â $1.35 trillion USD, reflecting a continued contraction from late-2025 highs.Â
đ Short-Term Trendâą After topping above $125,000 in October 2025, $BTC has been in a significant corrective phase, losing nearly half its value in recent months. ⹠Prices have stabilized somewhat around the $65k-$68k zone, but volatility remains elevated.Â
đ Whatâs Driving Price MovesâąÂ Macro factors: Strong U.S. jobs and interest rate expectations have pressured risk assets, including crypto.  Markets sentiment: Despite data that would normally weaken crypto, BTC has seen modest rebounds, suggesting buyers are stepping in near perceived support levels. âąÂ Institutional outlook: Some major banks are cutting long-term BTC price forecasts and warning of possible further downside before stabilization.Â
đ Near-Term Technical View (Summary)âąÂ Support: ~$64,000 â $65,000 tested recently.  Resistance: Near short-term highs around ~$68,000 â $70,000. ⹠Price behavior suggests range-bound action with potential for both breakouts and breakdowns, depending on broader market sentiment and macro data.Â
đ§ Outlook in the near term, Bitcoinâs price is showing consolidation after a major sell-off. Traders may look for a break above the $68k zone for signs of renewed upside, but continued macro uncertainty and technical resistance keep the risk of further swings elevated
