🚨 $BTC now trading around $71K Why market still feels weak despite $71K? 👇 • 📊 Profit-taking after recent rally (~$72K rejection intraday) • 💵 Strong USD & delayed rate cuts → liquidity pressure • 📉 Traders cautious near key breakout zone • 🧠 Market still reacting like risk asset (not full “safe haven” yet) 📊 Market Snapshot: • Daily: Slight pullback (~-0.08%) • Weekly: +5.5% 📈 strong recovery • Monthly: +1.7% but still below previous highs 📊 On-chain & Analytics: • Volume (24h): ~$30B–$35B • Hashrate: Near ATH 💪 • Exchange reserves: Declining → bullish signal • Institutional flows: ETF inflows still steady 📰 Latest BTC News: • Continued institutional accumulation • ETF demand holding strong despite volatility • Market watching macro signals (Fed + inflation) 📌 Key Levels: • Support: $70K • Resistance: $72K–$73K • Break & hold above $73K = next leg up 🚀 ⚡ Insight: $BTC above $71K = strength, but confirmation needs sustained breakout. #Crypto #BTC #Bitcoin #CryptoNews
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