Analyst Ardi Says Bitcoin Distribution Looks Unchanged, Eyes $50,000–$48,000 Risk

Bitcoin has been ranging between $63,000 and $72,000 since early February, with some traders interpreting the $70,000 area as stabilization. A technical analysis shared by X user Ardi argues the daily structure resembles a distribution phase and projects a potential breakdown that could extend toward $50,000 and even $48,000.