High
Bitcoin is struggling to stabilize and clear key resistance levels ($71,500 - $72,000). a failure to break these could trigger another significant decline, with major support levels at $68,000, $67,650, and potentially down to $63,200.
High
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Bearish
Btc is facing strong resistance near $72,000 and has a short-term bearish trend line forming at $69,200. it's trading below $70,000 and the 100 hourly simple moving average. technical indicators (hourly macd in bearish zone, hourly rsi below 50) also point to a potential decline if key support levels are broken.