Bitcoin Price Prediction: BTC Trapped in Correction Despite Dip Buying Signs

• Bitcoin stays fragile below $74,500 as rebounds face steady selling pressure
• Open interest reset near $46B signals leverage unwind, not fresh short attacks
• Spot flows show cautious dip-buying, but conviction remains weak above $69K

Bitcoin continued to trade under pressure on the 4-hour chart as traders assessed the damage from January’s sharp decline. The pullback followed a rejection near $97,900, which marked a local peak and shifted short-term sentiment. 

Since then, price action has reflected hesitation rather than confidence. Market participants now appear focused on whether the recent rebound can develop into something more durable. 

Short-Term Structure Remains Fragile

The 4-hour chart shows Bitcoin holding inside a corrective phase despite a bounce from the $60,100 area. That level marked the lowest point of the recent cycle and sparked a technical…

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