đ Current Market Condition
$BTC . Is trading around the ~$69kâ$70k level, still significantly below its all-time highs (~$126k from October 2025) â down roughly 40â45% from peak. ïżœ
CoinGecko +1
Over the past week, price volatility has surged, with sharp sell-offs driving BTC below key psychological levels like $70,000 and $65,000 before stabilizing. ïżœ
Reuters +1
đ Technical & Sentiment Notes
The market shows mixed signals: some accumulation by holders across cohorts could point to a base forming, while technical downside risk remains if support breaks. ïżœ
CoinDesk +1
Macro forces (liquidity conditions, broader markets) are weighing on BTC, causing volatility beyond just crypto-specific news. ïżœ
Reuters
đ§ Outlook
Bullish:
âą Accumulation by medium/long-term holders indicates confidence near current levels. ïżœ
âą Long term, many analysts still see multi-year upside due to Bitcoinâs scarcity and institutional interest.
CoinDesk
Bearish / Caution:
âą Near-term risk remains if BTC drops below key support zones (~$63kâ$60k). ïżœ
âą Market sentiment still fragile and could lead to choppier trading.