Bitcoin Price Holds $68,000 Support While Facing Pressure at $70K

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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.