Bitcoin Nears 200-Week Average Around $68,000 as Traders Eye Key Floor

Bitcoin neared the 200-week average (EMA/SMA) near $68,000 on Feb. 4, a level traders say could mark a floor, BlockBeats reports. They see $68,000 as key, with $55,000–$58,000 next if broken. U.S. spot bitcoin ETFs logged $3.2 billion in net outflows since mid-January, about 3% of assets under management.