Inflation concerns are still weighing on Bitcoin's breakout, and Monday's 4% rebound looks more like a correction rather than reigniting the trend. The most obvious market characteristic right now is that price has come back, but there aren't many buyers chasing it, indicating that above $70,000 there's still repeated pulling and tugging. Don't view the short-term as a one-sided move; it's more like a consolidation phase where neither news nor positions have fully played out. $BTC

BTC-1.13%
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