Bitcoin "loses momentum": Macroeconomic pressuresBitcoin / TetherUSBINANCE:BTCUSDTParadise_NoirBased on the synergy between negative macroeconomic news and chart structure, Bitcoin is showing clear signs of weakness. Continuous net outflows from ETFs, coupled with geopolitical pressure from the US-Iran conflict, have pushed investors into a defensive stance, prioritizing traditional safe-haven assets over cryptocurrencies. Technically, the 12-hour chart confirms that the bears are in complete control. The price has repeatedly rejected the descending trendline and is being weighed down by the Ichimoku cloud at $70,500. The structure of lower highs suggests that current rallies are merely retests of supply before the next downward move. The sensible strategy at this time is to prioritize selling short around the $69,300 - $70,000 range. Short-term targets will focus on the psychological support zone of $65,000 and further on the strong support zone at $62,300. Any bullish scenario will only be reconsidered if the closing price firmly remains above $72,500.