BTC may test the $70,000 level.

Analysts warn – Bitcoin is approaching critical support levels after several weeks of decline.

➤ BTC is cheaper below the average entry point in the ETF ($81,600) – investors are at a loss.

➤ The inflow of capital into spot Bitcoin ETFs has significantly slowed down.

➤ Cryptocurrency shows high sensitivity to geopolitical risks and stock market dynamics, but unlike Gold, it does not show growth in times of uncertainty.

➤ In the USA, the bill on the structure of the crypto market has stalled, which is holding back new investments.

➤ The level of $70,000 could be crucial for determining the further direction of BTC in the short term