Bitcoin closes for the fifth consecutive month with a decline, with the $70,000 level becoming a key resistance
#Gate广场发帖领五万美金红包 On February 27, Bitcoin's price was blocked at the $70,000 round number, currently fluctuating around $67,000. Technical analysis shows that BTC is facing triple weekly resistance levels: the 200-week EMA (around $68,330), the 2021 all-time high of $69,000, and the $70,000 psychological barrier, limiting short-term rebound potential.
Since February, BTC has declined by approximately 14%, or recorded its fifth consecutive month of decline, marking the first such conti