Bitcoin BTC Stabilizes at $67K Faces Critical Crossroads After 9.5% Weekly Drop

Bitcoin (BTC) has stabilized near the $67,000 mark, entering a critical technical and psychological juncture following a sharp 9.5% decline over the past seven days. The leading cryptocurrency by market capitalization is now testing key support levels, with traders closely watching for a potential rebound or further downside. The recent sell-off has been attributed to profit-taking after a strong rally and macroeconomic uncertainties. Analysts suggest that holding above $67,000 is crucial for BTC to regain bullish momentum, while a break below could trigger a deeper correction towards the $60,000 range. The market remains highly sensitive to upcoming economic data and regulatory news, making this a pivotal moment for Bitcoin's short-term trajectory.