Bitcoin price is attempting another breakout toward $70,000 after weeks of choppy consolidation. BTC trades at $69,815 at publication, sitting just below the $70,610 resistance level. The largest cryptocurrency is trying to recover recent losses, yet mixed on-chain and derivatives signals present an uncertain short-term outlook. Market participants are closely watching this psychological threshold. A The post Bitcoin Shorts Reach Most Extreme Level Since 2024 Bottom appeared first on BeInCrypto.