Bitcoin retreated to around $67,600 during the Asian trading session, marking the third failure since early February to break above $70,000. Analysts pointed out that the market is currently in a consolidation phase. The Chief Strategy Officer of BTCS SA stated that stable ETF capital inflows are a key signal to watch, while FxPro's analysts warned that if resistance levels hold, Bitcoin could fall to around $63,000. Tensions in the Middle East have heightened overall risk aversion, leading to a surge in oil prices, weakening recent expectations of rate cuts, and tightening liquidity in risk assets.

BTC0,86%
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