$BTC

Bitcoin ($BTC) is consolidating near $70K—a psychological battleground where bulls and bears clash. Spot ETF inflows remain strong, suggesting institutional accumulation, but derivatives data reveals caution: open interest dipped 5% as traders brace for potential volatility.

**Key signals to watch**:

- **Support**: $69.5K (weekly low) – hold here = bullish continuation.

- **Resistance**: $71.2K (June high) – break = run toward ATH.

- Liquidation heatmap shows dense liquidity at $68K (bear target) and $72K (bull trap zone).