Bitcoin's price dip below $69,000 suggests a lack of support and potential bearish market conditions.

The recent price drop indicates that there may not be enough buying pressure to sustain Bitcoin's price at this level. This could be a sign of a downward trend in the coming months.

Upcoming U.S. economic data releases, such as inflation and jobs numbers, are expected to cause further volatility in Bitcoin and the broader cryptocurrency market.

Stay tuned for further updates on how these factors impact the crypto market.

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