BTC's price fluctuations this week are a reflection of the overall changes in the market. Although there was a short-term bullish market, which caused the BTC price to briefly return to the key price of $70,000, it did not trigger further compensatory gains, but quickly entered a downward trend. This is mainly related to the external market environment and various news factors. The market currently lacks clear signals and support to promote the overall rise.

BTC is likely to continue to maintain a volatile trend over the weekend, and the possibility of a sharp rise is low. Although a certain degree of recovery is expected, there is also a risk of further compensatory declines. If the BTC price continues to fall, it may fall below the support level of $62,000. However, judging from the current market situation, BTC is likely to rebound from the current price.