Bitcoin slips below $69K as futures selling rises; $70K reclaim seen as key

Bitcoin (BTC) fell below $69,000 on Thursday, returning to a six-week range after recently trading above $76,000. Data cited in the report shows heavier selling in perpetual futures than spot, while funding turned positive at 0.05% and bids clustered near $70,000. Analysts outlined upside targets near $72,000–$76,000 if price reclaims $70,000, but warned a break under $68,300 could shift attention to $65,000 and $62,000.