Bitcoin continues to trade within a tight range, but beneath the surface, structural weakness is becoming increasingly evident. With price holding below the key $72,000 level, now acting as resistance, the broader technical outlook remains fragile, and any short-term consolidation may simply be masking underlying downside risk. Bitcoin Enters Clear Corrective Phase Bitcoin has entered a clear corrective phase after peaking in the $120,000–$125,000 region. Crypto analyst Alejandro₿TC notes that the weekly structure has broken to the downside, with the latest leg unfolding impulsively, a sign that momentum currently favors sellers rather than buyers