Bitcoin Consolidation failing to sustain momentum💫📢🚀



Bitcoin is showing clear signs of weakness after failing to sustain momentum above the 70,000 / 71,000 resistance zone. Price action remains confined within a broader rising channel, but recent candles indicate rejection from the upper supply area and a shift toward short-term bearish pressure.
Currently trading around 67,600, Bitcoin has broken below minor intraday support, suggesting sellers are gaining control. The market structure is forming lower highs, and if this weakness continues, price could extend its decline toward the key support levels at 64,045 and potentially 62,037. These zones align with previous demand areas and could attract buying interest.
In the short term, a minor pullback toward the 68,500–69,000 region is possible before further downside continuation. However, unless bulls reclaim and hold above the 70,000 level, the overall bias remains tilted to the downside.
You may find more details in the chart.
Trade wisely best of luck buddies.
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BTC-0,11%
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