📉 Why is Bitcoin down today? Let me explain

So $BTC dropped back to around $68K after recently touching $76K… and yeah, it’s not random 😅

👉 First thing - Fed pressure. Powell basically said: “no rate cuts anytime soon.” Higher rates = less easy money → risk assets like BTC go down. Simple as that.

👉 Second - geopolitics 🌍. Middle East tension + Trump comments = markets get nervous → people reduce risk → BTC dips.

👉 Third - ETF outflows. After a strong inflow streak, suddenly -$300M pulled out in a few days. That’s institutional money stepping back a bit 👀

So what’s happening overall?

Bitcoin is just stuck in a range:

👉 support: ~$68K

👉 resistance: ~$76K