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The risk aversion trend continues to intensify, coupled with a 97% probability of no interest rate cuts in March, leading to Bitcoin's sharp rise and subsequent pullback this week, with a downward trend.
This week, Bitcoin repeatedly tested the 65,000 level, then relied on a rebound, with the highest surge approaching 74,000. Ultimately, it faced resistance and fell back, breaking below 67,000 by the end of the week. The 65,000 level still serves as the last key defense point for the bulls next week. As long as it is not broken, there remains an opportunity for a rebound. $BTC