Bitcoin (BTC) slid below $78,000 on Saturday and printed an intraday low of $77,614, its weakest level since May 1. Traders pointed to weakening support with $75,000 and even lower levels on watch, while some argued the move could be setting up a "bear trap" as open interest rose and funding rates turned negative.

Bitcoin began the week defending $80,000 after a volatile weekly close and a brief move above $82,000 before sliding back. Traders are split between further consolidation around CME futures gaps ($78K, $80.3K and $84K) and a push toward $84,000–$85,000, while CoinGlass data showed 24-hour liquidations of more than $400 million.

Bitcoin stayed above $80,000 over the weekend and was tracking toward about $81,000 into Sunday's weekly close. Several traders said BTC/USD may still dip below $80,000 to retest the bull market support band before any renewed move higher, while April CPI data due Tuesday remained a key macro focus.

ARK Invest CEO Cathie Wood said Bitcoin is now a "proven" technology and asset class and should no longer suffer 85% to 95% collapses from all-time highs. In comments aired April 1, she argued that even a 50% drop would be viewed as comparatively mild, while a separate forecast on X pointed to $34,000 as the next potential BTC floor.

Bitcoin (BTC) fell about 2% on Thursday, briefly trading near $66,200 after another rejection around $69,000. Risk assets slipped after US President Donald Trump's address, while several analysts said a stronger US dollar index (DXY) could pressure crypto further and potentially drive "new lows."

Bitcoin (BTC) moved back below $66,000 on Tuesday after briefly pushing above $68,000, a move some analysts described as a bull trap. Spot-market CVD commentary suggested late buyers were quickly underwater, while a negative Coinbase Premium was cited as another warning sign. The pullback came ahead of an 8 a.m. Eastern press briefing by US Secretary of War Pete Hegseth, with WTI crude having traded above $106 earlier in the week.

Bitcoin (BTC) approached the March monthly close while hovering near $67,500 after dipping to $65,000 around the weekly close. Traders flagged lost $68–69k support and warned that failure to reclaim $69–70k could keep downside pressure toward the $65k demand zone. Macro uncertainty tied to US-Iran war headlines also weighed on risk sentiment as onchain data pointed to more defensive whale behavior.

Bitcoin fell toward $66,000 at Friday's Wall Street open as broader risk assets weakened amid oil-supply concerns. The daily drop neared 4% and traders highlighted $70,000–$72,000 as overhead supply, while some market watchers looked for a possible move toward $64,000–$65,000 into the March close.

Bitcoin began the new week after dipping to near $67,400 into the weekly close and losing the 200-week EMA trend line around $68,300. Several traders continued to frame downside scenarios, including bear-flag breakdown risk and a potential move below $50,000, while liquidation data showed over $400 million wiped out in 24 hours. Macro pressure also built as gold fell into a technical bear market and oil sought to hold above $100 amid Strait of Hormuz uncertainty.