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Bitcoin Forecast: BTC shows weakness again and approaches 75k
Weaknesses have once again become the main driver in recent BTC price action. For now, the cryptocurrency has struggled to sustain consistent short-term demand and is posting a decline of nearly 2.00% during the session, moving back toward the 75k area. This dynamic reflects the risk of a relevant selling bias, mainly driven by a loss of market appetite. Significant outflows from Bitcoin ETFs and a decline in open positions suggest that demand for Bitcoin has started to weaken, possibly due to position liquidations and a macroeconomic environment that remains unfavorable for risk assets. As long as this behavior ... (full story)