Sentiment: Negative
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Bitcoin fails again at $71,500 as weakening momentum raises risk of a deeper pullback
By Liam 'Akiba' Wright at 2026-03-05 15:34
Sentiment: Negative
Bitcoin has again failed to hold $71,500, reinforcing the level as a long-term ceiling while global markets shift into a risk-off environment driven by rising oil prices and higher bond yields. The latest rejection came after Bitcoin briefly rose past $73,000, then lost momentum and fell back below $71,500. The move extends a pattern that […] The post Bitcoin fails again at $71,500 as weakening momentum raises risk of a deeper pullback appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Bear Market #ETF #Featured #Macro #Market
Source CryptoSlate