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Bitcoin At A Crossroads: $60,000 Fortress Vs. $70,000 Ceiling

Bitcoinist|Semilore Faleti|February 28, 2026 at 07:00 PM|1 views

🤖AI Summary

Bitcoin continues to struggle with weekly losses and is currently range-bound between $60,000 and $70,000 levels. The cryptocurrency is facing resistance at the $70,000 ceiling while attempting to maintain support above the $60,000 fortress level.

Key Takeaways

→Bitcoin experienced another net loss over the past week amid continued volatility.
→The cryptocurrency is currently trapped in a trading range between $60,000 and $70,000.
→Bitcoin is struggling to reclaim key technical resistance levels above $70,000.
→The $60,000 level is acting as a critical support fortress for the cryptocurrency.
→Price action remains volatile despite being confined to the established range.

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