$BTC is currently stuck in a key decision zone around $67K after a strong breakdown from the $78K region. The bounce from $56K support shows buyers are stepping in, but BTC still needs to reclaim $71K to confirm real strength. Until that happens, this looks more like consolidation than a full reversal.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin update
$BTC is currently stuck in a key decision zone around $67K after a strong breakdown from the $78K region.
The bounce from $56K support shows buyers are stepping in, but BTC still needs to reclaim $71K to confirm real strength.
Until that happens, this looks more like consolidation than a full reversal.