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International Business Times UK
International Business Times UK
Akshay Puri

Why Is Bitcoin Stuck at $70,000 — And What It Signals For The Next Big Move

Bitcoin Bret Kenwell ETF United States Crypto Cleanspark eToro
Crypto executives explain why Bitcoin is hovering near $70,000, pointing to ETF flows, profit-taking and macro uncertainty. (Credit: Strategy)

For months, Bitcoin investors have watched the same number appear on their screens. Around $70,000. The movement has been narrow, sometimes frustratingly so. Traders who expected fireworks after Bitcoin's explosive rally are instead seeing a market that appears frozen in place. Yet industry leaders say this stillness may be misleading.

Executives from BitFuFu, Ace Host, CleanSpark, Ledn and eToro argue that Bitcoin's current range is not a sign of weakness. Instead, they say it reflects a market adjusting after a historic surge and preparing for its next decisive move.

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International Business Times UK
International Business Times UK
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