BTC weekly chart showed massive volume, suggesting a high probability of prolonged sideways consolidation. The overall outlook for 2026 is downward, and after consolidation, a drop is more likely. Recent price action has been characterized by small, stagnant fluctuations, likely within the $67,000-$72,000 range. The recent rebound was merely short covering, lacking sustained new on-chain funds. If Bitcoin can hold above $67,300, this correction may be over, potentially triggering a pre-Chinese New Year rally, with a potential attempt to break $75,000 before another downward move. 👇
