Bitcoin trades at $68,760 to start today’s session, notching a mild 0.58% 24-hour loss after failing to push past the key $70,000 psychological resistance level. Price action has held within a defined daily range between a low of $67,385 and a high of $70,135, with limited volatility pushing price outside of this band so far in the session. Short-term market predictive models signal a bearish near-term outlook for the top cryptocurrency by market cap with 68% confidence, pointing to elevated odds of a pullback toward the lower end of the current range. Traders are closely watching the $67,385 support level; a break below this mark would confirm the bearish forecast and open the door for deeper near-term losses.
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