Bitcoin Stares Down the $55,000 Floor: The Last Bastion Before On-Chain Capitulation

Bitcoin continues to struggle below the $70,000 level as persistent selling pressure keeps the market in a defensive posture. The inability to reclaim this psychological threshold has weighed on sentiment, with traders increasingly cautious amid elevated volatility and tightening liquidity conditions. While corrective phases are common after strong rallies, the current environment reflects sustained stress […]