The world’s largest cryptocurrency Bitcoin trades at $69,289.00, marking a 1.97% 24-hour price drop that pulled it below the key $70,000 psychological support level. Over the last trading day, Bitcoin’s price action has held within a tight 24-hour range between a session low of $67,792 and a high of $70,786, with consistent selling pressure outpacing buyer demand across the intraday window. Market analysts hold a strongly bearish near-term outlook for Bitcoin with 80% confidence, signaling broad expectations for further downside movement in coming sessions. Traders are watching the $67,800 range low closely, as a break below this level would confirm the bearish bias and open the door for deeper short-term losses.
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