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Bitcoin Forecast: the cryptocurrency remains weak below the 70k level
The latest trading sessions have not been particularly favorable for BTC’s short-term price action. Following the sharp declines observed last week, a persistent weakness remains in place, leading to a drop of more than 4% over the last two sessions. Part of this selling pressure can be explained by the lack of activity within the Bitcoin network, which has prevented a sustained recovery in confidence amid the absence of meaningful catalysts. If this lack of momentum continues, a more dominant bearish bias could consolidate in the coming sessions. Although the week has brought relevant economic data — such as the ... (full story)
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