Bitcoin bears at risk of $600M liquidation, raising chance for rally to $70K

Bullish 66.0
Despite bearish pressure and weak US economic data, Bitcoin's recovering hashrate and new onchain security protocols raise the chance for a surge to $70,000.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.