Bitcoin Under Pressure: Traders Brace for Further Downside 📉
Bitcoin under pressure as the cryptocurrency market starts the week on a cautious note. Bitcoin continues to trade below the psychologically important $70,000 level, with traders increasingly focused on reducing risk and preparing for potential further downside rather than opening new long positions.
There are signs of stabilization, but confidence remains limited. The market appears to be pausing — not in panic, but without strong conviction to aggressively buy.
Bitcoin Loses Momentum, but Holds Key Levels 🔍
Over the past 24 hours, BTC has fallen by around 3%, settling near the $69,000 area. Despite the pullback, price action remains well above recent lows around $60,000, indicating that buyers are still stepping in on dips.
That said, Bitcoin has struggled to regain upward momentum following…
