Home BlockchainBitcoin Risks Getting Stuck At $69,000 Again, Says Analysis

Bitcoin Risks Getting Stuck At $69,000 Again, Says Analysis

by CoinTelegraph
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Bitcoin analysis warned the $69,000 mark may end up as long-term resistance again, thanks to its significance in BTC price history.

Bitcoin (BTC) hit new week-to-date lows on Wednesday as $66,500 came into focus.

Key points:

  • Bitcoin is trading in a key historical zone, but buyer pressure is too weak to break resistance.

  • Analysis sees current range resistance potentially lingering months as a result.

  • February BTC price downside has almost beaten 2025.

Analysis: Bitcoin bulls too weak to crack $69,000

Data from…

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