$BTC Current price: around $71,000–$73,000. BTC has come under strong selling pressure today, falling below $72,000 after trading above $76,000 earlier this week. � Bitcoin News +1 📉 Technical picture Short-term trend: Bearish Immediate support: ~$72,000, then $70,000 Stronger support: around $69,000 Resistance: $74,700–$75,500, then ~$76,000 A sustained move back above $75–76K would improve the short-term outlook. � CoinMarketCap +1 ⚠️ Why BTC is falling Recent weakness is being driven by ETF outflows, higher U.S. rate expectations, risk-off sentiment and heavy liquidations. Bitcoin ETFs have experienced several consecutive days of outflows, while derivatives positioning has become more defensive. � CoinDesk +1 🔮 My short-term view Cautiously bearish. If $72K fails decisively, a test of $70K–$69K becomes increasingly likely. Conversely, reclaiming $75–76K could signal that the selling pressure is easing. Important: This is market analysis, not a buy/sell recommendation. Crypto remains highly volatile.
Current price: around $71,000–$73,000. #btc has come under strong selling pressure today, falling below $72,000 after trading above $76,000 earlier this week. � Bitcoin News +1 📉 Technical picture Short-term trend: Bearish Immediate support: ~$72,000, then $70,000 Stronger support: around $69,000 Resistance: $74,700–$75,500, then ~$76,000 A sustained move back above $75–76K would improve the short-term outlook. � CoinMarketCap +1 ⚠️ Why BTC is falling Recent weakness is being driven by ETF outflows, higher U.S. rate expectations, risk-off sentiment and heavy liquidations. Bitcoin ETFs have experienced several consecutive days of outflows, while derivatives positioning has become more defensive. � CoinDesk +1 🔮 My short-term view Cautiously bearish. If $72K fails decisively, a test of $70K–$69K becomes increasingly likely. Conversely, reclaiming $75–76K could signal that the selling pressure is easing. Important: This is market analysis, not a buy/sell recommendation. Crypto remains highly volatile.