BTC/USD Analysis: Bitcoin Price Consolidates Above $70,000

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On 20 February, in the note “BTC/USD Analysis: Are the Bulls Stirring?”, we outlined a broad descending channel and highlighted early signs of increasing demand near the $65,600 level. Subsequent price action provided further grounds to suggest that, following the dramatic decline in Bitcoin’s price from its all-time high in October 2025 to the February […]The post BTC/USD Analysis: Bitcoin Price Consolidates Above $70,000 appeared first on ActionForex.