Bitcoin (BTC) is under pressure as analysts warn of a potential decline to $70,000, driven by broader macroeconomic corrections and market uncertainty. Despite recent bullish momentum, factors such as interest rate concerns, regulatory developments, and profit-taking could contribute to short-term downside risks.
With global markets experiencing volatility, investors are closely watching key support levels. If BTC fails to hold above critical price zones, further corrections could be in store before the next potential rally. However, long-term sentiment remains optimistic, with institutional interest and adoption continuing to grow.
Will Bitcoin rebound, or is a deeper correction ahead? Share your thoughts!
