Bitcoin Stalls Below $70K Amid Macro Rotation and Weak Institutional Demand

TLDR: Bitcoin remains trapped in the $64K–$67K range, failing multiple attempts to breach $70K. Macro rotation favors commodities, gold, and industrials, pressuring high-beta assets. Crypto derivatives show weak conviction: low basis, rising put skew, declining open interest. Short-term recovery bids are absent; the market is defensive, and early positioning lacks institutional support. Bitcoin continues to [...]

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