Bitcoin Price Holds Near $68K as Market Pressure Persists Despite Fading Panic

Bitcoin (BTC) continues to face selling pressure, trading around the $68,000 mark. This comes even as the initial wave of panic selling in the cryptocurrency market shows signs of subsiding. Analysts note that the leading digital asset is struggling to find a strong bullish catalyst to push it significantly above this key level. The current consolidation suggests a period of equilibrium between buyers and sellers, with the market cautiously awaiting the next major directional move. Key support and resistance levels are being closely watched by traders to gauge Bitcoin's next potential trend.