Odaily Planet Daily News📢, according to IntoTheBlock data, about 7 million addresses bought Bitcoin in the range of $61,700 to $70,500. Since a large number of traders are at a loss in this price range, Bitcoin faces continuous selling pressure whenever it approaches this level📉. Many investors want to break even, so they sell frequently. This also explains why it is difficult for Bitcoin to set new highs. Only with strong momentum can Bitcoin break through this trend and reach new heights🚀. We remain optimistic about the future of Bitcoin!