Bitcoin continues to trade within a tight range, but beneath the surface, 
structural weakness is becoming increasingly evident. With price holding below 
the key $72,000 level, now acting as resistance, the broader technical outlook 
remains fragile, and any short-term consolidation may simply be masking 
underlying downside risk. Bitcoin Enters Clear Corrective Phase Bitcoin has 
entered a clear corrective phase after peaking in the $120,000–$125,000 
region. Crypto analyst Alejandro₿TC notes that the weekly structure has broken 
to the downside, with the latest leg unfolding impulsively, a sign that 
momentum currently favors sellers rather than buyers. Related Reading: Bitcoin 
Ready To Bounce Again? The Major Accumulation Trend You Should Be Aware Of The 
key level to watch is the $72,000–$74,000 zone. Previously acting as strong 
support, this area has now been lost and flipped into resistance. As long as 
Bitcoin continues to close below this range on the weekly timeframe, any 
upward movement should be viewed as a corrective bounce rather than 
confirmation of a sustained reversal. On the downside, the $50,000–$52,000 
region stands out as the primary magnet. This zone represents a significant 
weekly demand area and the base of the prior impulsive rally. If bearish 
pressure persists, it becomes the most logical target for a deeper 
retracement. The upcoming monthly close in 11 days could be decisive. A close 
below $72,000 would confirm the breakdown and increase the probability of 
further downside. Structurally, the market remains weak beneath that level, 
while a decisive reclaim above $74,000 would mark the first meaningful signal 
that strength is returning. Compression Intensifies Near $68,000 With 
volatility compressing as price trades within an increasingly narrow band, 
Bitcoin continues to coil tightly around the $67,000–$68,000 region. The lack 
of decisive movement in either direction suggests that the market is building 
energy for a larger expansion move. Related Reading: Bitcoin Eyes Untapped 
Liquidity: $64,000 Support Could Be Next Target According to Columbus, 
liquidity continues to build above the $70,000 level, and notable bids remain 
layered between $64,000 and $66,000. With liquidity stacked on both sides, the 
market is effectively squeezed between opposing forces, waiting for a 
catalyst. The longer Bitcoin remains trapped inside this tightening structure, 
the more aggressive the eventual breakout tends to be. Compression phases like 
this typically end with strong displacement, as one side of the market is 
forced to unwind positions. From here, sustained acceptance above the 
$69,500–$70,000 area would likely open the door for momentum toward heavier 
liquidity zones overhead. On the other hand, failure to reclaim that threshold 
keeps downside probes into the mid-$60,000s firmly in play, especially if bids 
begin to thin out under pressure. The next decisive move will likely be driven 
by which side of liquidity gets targeted first. Featured image from Pixabay, 
chart from Tradingview.com

Bitcoin Structure Weakens Below $72,000 Despite Tight Range

Data centers are driving significant growth in the utilities sector, with some 
companies experiencing growth rates as high as 8%. The power consumption of 
data centers is expected to increase dramatically by 2035, necessitating 
careful supply-side planning. Utilities are strategically positioned &#8230;
The post Andy DeVries: Data centers drive utility growth to 8% | Odd Lots appeared first on Crypto Briefing.

Andy DeVries: Data centers drive utility growth to 8% | Odd Lots

David Solomon says he owns “very little” bitcoin, a candid admission that 
places the Goldman Sachs chief personally inside the asset class he once 
treated with caution. Goldman Sachs Boss Discloses Owning ‘Very Little’ 
Bitcoin at the World Liberty Forum in Florida Solomon disclosed his holdings 
Feb. 18 during a panel at the World Liberty […]

Goldman Sachs Chief David Solomon Calls Himself ‘Observer’ as He Reveals Small BTC Investment

A drop in Solana’s dApp revenues, along with limited institutional and retail 
investor interest, adds vulnerability to SOL’s $78 support.

Solana futures data shows panicked bulls: Will $80 SOL hold?

Bitcoin’s “short-term holder stress” metric has fallen to lows not seen since 
2018, suggesting the market has capitulated and possibly bottomed.

Cryptocurrency price in MXN