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Martin Young

Analysts See Prolonged Bitcoin Weakness as Price Fails to Hold $70,000 Level

Crypto analysts are flagging multiple bear market signals as Bitcoin struggles to sustain prices near $70,000 and trades around $69,000 in Asia. Technical metrics such as the 100-week moving average, holder profitability, and heavy selling pressure suggest more downside is possible before a durable recovery. Some commentators argue that further losses could still create long-term accumulation opportunities despite the current market pain.