🔥LATEST: Bitcoin ($BTC ) continues to hover below $70,000, currently trading near $66,700, as analysts highlight that weak buying interest and ongoing ETF withdrawals are limiting upward momentum.$BTC
Modest spot demand, declining futures premiums, high demand for options hedging, and coordinated treasury redemptions—including over $410M in recent outflows—are keeping $BTC confined to the $60K–$72K range, facing significant resistance above. While some long-term projections, like Bernstein’s $150K target, remain bullish, the market remains cautious due to fragile investor confidence and the absence of a clear breakout catalyst.#BTC #CZAMAonBinanceSquare