Bitcoin is currently trading at $69,669, down a mild 1.14% over the past 24 hours following a streak of recent gains that triggered minor investor profit-taking. Today’s established trading range sees immediate support set at $68,218 and near-term resistance capped at $71,120, with the current price holding firmly above the range’s midpoint. Market analysts maintain a bullish prediction for Bitcoin’s near-term trajectory with 80% confidence, framing the current pullback as temporary consolidation rather than a bearish trend reversal. Short-term traders are advised to monitor key support at the $68,200 level; a hold above this threshold keeps the expected bullish breakout path on track for the session.
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