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Bitcoin (BTC) is trading near $68,348, struggling to break the strong $70,000 resistance level.
Support around $68,000 is critical; a drop below it could push the price toward $65,000–$67,000.
Over $157 million in crypto futures liquidations recently increased short-term volatility in the market.
Bitcoin is trading near $68,348 at press time. The price is moving in a narrow but volatile range. Today, it reached a high of $69,999 and fell to a low near $67,329. This shows the market is active, but there is no strong breakout yet.
On most major exchanges, Bitcoin is priced between $68,400 and $68,880. On Binance, it briefly dropped below $68,000 and traded near $67,990, which shows some short-term selling pressure.
In India, the price is near Rs. 6,200,000 to Rs. 6,221,784 per coin. Overall, Bitcoin is staying below the important $70,000 resistance level.
Bitcoin has been struggling to stay above the $70,000 mark in recent sessions. Each time the price approaches that level, sellers enter the market and push it lower. As a result, the price range has become a strong resistance barrier. Support is forming near the $68,000 area, which traders are watching closely.
If Bitcoin price breaks below the $68,000 support area, analysts suggest the digital asset could fall toward the $65,000 to $67,000 range. That would mean more short-term weakness. However, if buyers regain strength and push BTC above $70,000, a fresh upward move may begin.
Bitcoin is also facing pressure from its broader monthly trend. Since its peak in October 2025, the asset has seen multiple red months. If February ends lower again, it may mark the longest monthly losing streak since the 2018 bear market. That makes this month very important for market sentiment.
Also Read - Bitcoin: Is This the Start of a Never-Ending Fall?
Over the weekend, Bitcoin briefly rallied toward $70,000, but mild profit-taking followed. Many traders decided to secure gains instead of holding longer. This caused the price to pull back slightly. Ethereum and other major cryptocurrencies also showed similar behavior.
Futures market data shows more than $157 million in liquidations recently. Most of these were long positions, meaning traders who expected the price to go higher faced losses. Liquidations like this often increase volatility and create sudden price swings. It also shows that many market participants were positioned too aggressively.
Corporate news is also affecting the crypto space. Some companies that hold Bitcoin reported higher operating profits due to income strategies linked to BTC. At the same time, other firms experienced non-cash losses because of price fluctuations. This mixed performance shows how sensitive corporate balance sheets have become to digital asset movements.
Global markets are giving mixed signals right now. Changes in currencies, especially the US dollar, are affecting Bitcoin’s short-term price moves. When the dollar weakens slightly, Bitcoin usually receives some support. However, the mood in the digital asset space is still cautious, and investors are not taking big risks.
The Crypto Fear & Greed Index is currently in “extreme fear.” This shows that many traders are worried and unsure about what will happen next. When market trepidation is high, prices can rise and dip quickly. Strong, cautious optimism can lead to a rebound, but this is rare.
On-chain data shows that BTC whales are not selling in large amounts. Transaction levels and miner activity remain steady. This suggests the network itself is still stable despite price swings. Even so, short-term momentum looks weak for now.
Also Read - Bitcoin SOPR Climbs Above 1.0 as Market Tests Key Resistance Levels
Bitcoin’s current consolidation phase displays the effect of its recent dips. A price of $68,348 shows uncertainty in the market. The $70,000 area remains the key resistance, while $68,000 acts as important support. A break in either direction could decide the next strong move.
The short-term outlook appears slightly bearish due to repeated rejections near $70,000 and futures liquidations. Long-term structure has not completely broken. The coming days will be important to see whether buyers step in strongly or sellers take control again. Market conditions feel tense, and traders are watching every move closely.
1. What is the Bitcoin price today?
Bitcoin is trading around $68,348, with an intraday high near $69,999 and a low around $67,329.
2. Why is Bitcoin struggling near $70,000?
The $70,000 level has become a strong resistance zone where sellers are entering and limiting upward movement.
3. What happens if Bitcoin falls below $68,000?
A break below the $68,000 support could lead to further downside toward the $65,000–$67,000 range.
4. How do futures liquidations affect BTC price?
Large liquidations, like the recent $157 million wipeout, can increase volatility and trigger sharp price swings.
5. Is the long-term outlook still positive?
Despite short-term weakness, network fundamentals and long-term holding patterns remain relatively stable, though market sentiment is cautious.
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